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 is a positive or negative situation?

Choosing a place to live in and whether

this

place is rented or owned is an important choice to make. The majority of

people

want to be owners of a

house

because it gives them a sense of confidence. I believe that owning a

house

is better than renting one. The following paragraphs will highlight my opinion with relevant examples. To commence with, housing is a basic human need,

thus

, it is one of the primary concerns. Possessing a property gives

people

a sense of stability and confidence in the future.

Therefore

, despite the escalating prices, individuals try to buy houses at any cost, even if they have to get a mortgage for 30 years. Renting a

house

has a number of drawbacks and may cause many issues.

For example

,

people

may be required to evacuate at any time by the landlord.

Subsequently

, tenants will have to move from one apartment to another with all their possessions and families. Adding

further

, buying a

house

is perfect in terms of investment. In response to the increasing population, housing prices are significantly rising every year.

For instance

, in Tashkent over the

last

2 years prices for housing have increased up to 22%.

Moreover

,

people

may give for rent their apartments and turn their owed accommodations into a source of monthly income. To conclude, I am personally convinced that owning a property is of significant importance in today's unstable society.

Although

,

house

owning has negative sides like difficulty to relocate and maintenance, in the long term

people

may get only benefits.