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 a positive or negative situation?

One of the crucial

part

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of human nature is 'sense of belonging', be it in the form

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of

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materialistic or emotional values. In some areas of the world, People prefer to live in the houses that are their own property as compared to rented ones and vice versa. Whereas,the most suitable reason for

this

can be the emotional attachment and personalized experience one can get in their own land. Possessing of the own residence has its own perks.

For instance

,

i

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an

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ndividual can customize their living space according to their own taste

,

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and can change the theme whenever they want, meanwhile emotional relationship has been developed with

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the

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ouse due to their ancestors living generations by generations in that building.Apart from

this

,financially it has huge benefits of its own.

Owner

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The owner

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doesn't need to pay any monthly rental, all he has to spend on utilities and maintenance.

On the other hand

, there are amount of nations where

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rice of the land is so high that not every resident are able to afford

buying

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to buy

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a place of their own.Eventually, it is a common practice to live in the rental property.Whilst the negative side of paying money monthly, it is to bring into focus that there few advantages that

comes

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in handy with leased home,

For example

, an individual can choose

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a

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lace to live nearest to his/her workplace,

furthermore

,People who don't have enough capital buy

theirown

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their own

property, can still enjoy a luxury living through it. To sum up,I opine that owning a residential building is a positive impact for a

soociety

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society

due to the continuance of cultural and moral values and it plays

i

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an

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mportant part in saving

p

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a

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lethora of money that can be utilized in some other

productive

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products

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cause.

Government

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must play

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a

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ital role in providing residents with shelter in the range that they can afford easily.