In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Do you think this is a positive or negative situation

Food and shelter have been a fundamental requirement for every individual for centuries. While it is asserted by some individuals that owning a house is essential than renting one.

This

mostly due to their concerns regarding stability and future prospects.

However

, I believe that

this

a detrimental thought and people should not be coerced by

such

beliefs. In

this

essay, we shall elaborate on the reasons and outcomes of these views

further

.

Firstly

, the primary purpose of people purchasing a home is stability. Many individuals are anxious and frightened about any unfortunate events besieging them, and

hence

they believe that a house would provide shelter and comfort in those unprecedented circumstances.

Secondly

, some individuals think that

this

would elevate their chances of marriage proposals;

for example

, in India, many families often marry when the couple have an adequate source of income and a personal property to suffice them and their children.

As a result

, people believe that buying a residence or a flat is crucial

instead

of a temporary resident.

On the other hand

, due to

such

beliefs, there has been a significant rise in stress and pressure in our society.

Furthermore

, as the population spikes the cost of houses is rises exponentially, which makes it more difficult and challenging to purchase a property.

Moreover

, some individuals need to constantly travel for work purposes;

for instance

, certain companies require their employees to travel to different places, and work or settle there for a few months or sometimes years;

thus

a person feels that it is preposterous to invest in a permanent house that they would seldom utilize.

Consequently

, people find renting a home a much cheaper and convenient alternative than a permanent resident. To summarize, there are two sides to coin;

therefore

,

although

there are some merits of owning a personal residence, I believe that

this

situation has a derogatory impact on people by creating unwanted distress and tension.

Nevertheless

, a family is what creates a place home irrespective of it being a permanent or temporary place.