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 posetive or negative situation.

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Over the past recent decades, the rate of renting accommodation has increased constantly due to modern
life
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, especially in the big cities.
On the contrary
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, owning a
house
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still is so important in some countries because of some economical or cultural reasons. there is an argument about the prioritize to have own accommodation and I think it has more demerits impact than merits one.
this
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phenomenon is more common in developing countries because there is inflation and they don’t have sustainable economic circumstances.
For instance
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, in our country, Iran, the renting
house
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price rises about 120% more than
last
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year. so
people
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attempt to buy a
house
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because the
next
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year renting price dose not affordable for them.
However
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, sometimes there are some cultural reasons to have own
home
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such
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as that bought a
house
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is a symbol of wealth.
However
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, if
people
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are forced to buy their
home
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by several economic or even cultural issues, it may have many detrimental impacts on their
life
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expectancy.
For instance
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, when parents attempt to buy an apartment for their families, they ought to work hard and in unusual hours in a day so they don have enough time to spend with their children that it can be a case of any problem in their families.
on the other hand
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, most
people
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have to work and save money some time entire of their
life
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consequently
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they have a joyless
life
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. to conclude, the most important thing about accommodation is that
people
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live relax and peaceful in there even it is a small rented
home
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. If there is a reliable economical circumstance in a country, maybe owning a
home
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is not important for its citizen and do not have to work relentlessly so they can enjoy their
life
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.
Submitted by mgolnari6 on

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Topic Vocabulary:
  • homeownership
  • equity
  • financial security
  • status symbol
  • investment
  • real estate
  • property value appreciation
  • asset
  • community
  • belonging
  • renovation
  • customization
  • socio-political aspects
  • stability
  • permanence
  • rental uncertainties
  • life satisfaction
  • control over living conditions
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