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

People tend to think It is quite essential to buy a home

instead

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of hiring one. There are some reasons to account for the same. In my opinion, it has benefits which outweigh the negative ones.

To begin

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with, people who own a house have more focus and attention towards their work and

life

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as they do not have a constant worry going on in their minds about paying the rent every month.

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, they can be motivated to achieve other goals in their

life

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.

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, if someone wants to get married at one stage, they can go ahead with a positive approach as they are already

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owning

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owing

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owning

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a home for their future.

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, renting a house can prove to be an expensive option due to the recent inflation in the market.

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, people who are investing in buying a home would save money to pay the instalments of the same and that would lead to cutting off all other unimportant expenses in their

life

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. They would focus more on their

life

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plans and executing them in a manner in which they can save and make their lives better.

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, if a person is married and he wants to buy a car, he/she can make a plan

accordingly

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to save and take out a sum amount to purchase the car which suits their budget. To conclude,

although

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there are some negative points as well comparatively to positive ones

but

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they can be ignored and move on with the positive ones. It is a great idea to own a house than renting one.