In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or negative development?

With the advent of modernity and urbanization,

people

's accommodation for a living has become an imperative issue in societies. Meanwhile, many

people

tend to have their own homes in comparison with renting ones. In my opinion,

this

issue is mainly rooted in financial matters and it can lead to positive consequences. For one cause, it has obviously been observed that nowadays a lot of countries have suffered from difficult problems regarding economic conditions. From

this

perspective, a lot of

people

have followed various financial ways in order to save their assets properly. So

as a result

, one of the best ways to saving money and

also

avoiding from losing its value in a long time is investing in building projects

such

as buying an apartment. Most significantly, due to the lack of proper management in industrial and economic sectors, a wide array of countries,

in particular

underdeveloped ones, have been confronted with unleashed inflation meltdown. It has meant that the annual production is declining and costs are rising ,unfortunately. Under

such

circumstances, undoubtedly

people

are observed increasing of necessary commodities’ prices as well as buildings. So it is agreed that the sooner they buy their needs, the more they can prevent losses.

On the other hand

, I believe that

this

behaviour has a crucial impact on individuals’ economic progressing.

In other words

, buying a house as well as investing in building areas, not only could it made your situations Stronger but

also

it would probably instil a powerful sense of safety and stability in persons. To illustrate,

for instance

, if young

people

can afford related costs about buying an apartment, they will feasibly settle and marry. In conclusion, I would maintain that owning a home is very important for

people

and

this

issue stems from the tendency to proper investing and avoiding losing the value of assets.

Furthermore

, it can cause effective influences in

people

's living situations, as I have mentioned before.