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

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To some cultures in the world, the act of possessing a
home
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is far more encouraged than paying for a rental one. There are several factors that might account for
this
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belief, which leads to my opinion that
this
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is a rational outlook.
Firstly
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, having a residence of your own is commonly regarded as financial stability. In fact, the amount of money spent on buying a
house
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is far higher than that of renting one for only a period of time.
Moreover
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, after purchasing the apartment for yourself, the expenditure on
home
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maintenance overtime is
also
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considerable, which can be much more economical if you stay in a short - let accommodation.
Therefore
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, only those people with a stable job that can manage all the bills and make ends meet are able to afford to own a
house
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.
Secondly
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, to some people, having an apartment of their own brings a sense of mental security. Living in a rental
house
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is the same as staying in somebody else’s property.
This
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means that they are not allowed to do certain things of their own free will.
For example
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, they cannot make any adjustment to the furniture, nor move out anytime they wish without paying for breach of the rental agreement. Some people may argue that
this
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is actually more convenient as you don't have to stick around a place for too long since the contract only lasts for a short time.
However
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, the feeling of having something all for yourself, especially something as important as a
home
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, can proffer people satisfaction which staying in a
house
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for lease can never make up to. In conclusion, the act of preferring owning to renting a
home
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has some reasonable explanations. I believe the positive influence it has on people can definitely compensate for any shortcomings it might possess.
Submitted by Andy on

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Topic Vocabulary:
  • ownership
  • renting
  • importance
  • sense of security
  • stability
  • financial investment
  • asset
  • customize
  • decorate
  • belonging
  • community
  • potential
  • future generations
  • long-term
  • cost advantage
  • control
  • living space
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