In some countries, owing a home rather tan renting one is very important for people. * why might this be the case *Do you think this is a positive and negative development.

In certain part of the world, acquiring a self_owned
house
instead
of renting is more crucial .While the desire for stability and flexibility are the key reasons for
this
trend,
however
, I believe buying
a
Correct article usage
apply
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personal accommodation is a good development There are two reasons why
house
ownership is considered is to be of high importance.
Firstly
,
owing
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owning
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a personal home gives a feeling of freedom. The individual
is not bind
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is not bound
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to any rules and regulations and can renovate and decorate the
house
at
anytime
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any time
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according to their needs and wants.
For instance
, in the rented apartment I lived as an undergraduate ,the landlord
didnt
Correct your spelling
didn't
permit any of his occupants to change the design and colour of the
house
to suit their own choice.
Secondly
,a self_ owned accommodation provides a stable home for the family members.
That is
, there is no fear of being evicted by the landlord at
anytime
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any time
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due to
inability
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the inability
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to pay
rental
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the rental
a rental
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fee .
However
, buying one's home is
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a
show examples
positive development because is a symbol of social status.
This
makes an individual
to
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apply
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be well recognized in society and
also
add to the owners' prestige.
In addition
, possessing a
house
is a form of investment.
This
is because the houses tend to appreciate in value in future.
For instance
, in the united kingdom, rent fee increases by 4 per cent annually . In conclusion, buying a self_ owned property
instead
of renting is very essential in some nations.While
desire
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the desire
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to enjoy permanence and change of status are the main reasons for
this
.I believe
,
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apply
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this
is a positive development as
this
will make individual invest in the future.
Submitted by ayodam90 on

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