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.

Over the past recent decades, the rate of renting accommodation has increased constantly due to modern
life
, especially in the big cities.
On the contrary
, owning a
house
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
phenomenon is more common in developing countries because there is inflation and they don’t have sustainable economic circumstances.
For instance
, in our country, Iran, the renting
house
price rises about 120% more than
last
year. so
people
attempt to buy a
house
because the
next
year renting price dose not affordable for them.
However
, sometimes there are some cultural reasons to have own
home
such
as that bought a
house
is a symbol of wealth.
However
, if
people
are forced to buy their
home
by several economic or even cultural issues, it may have many detrimental impacts on their
life
expectancy.
For instance
, 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
, most
people
have to work and save money some time entire of their
life
consequently
they have a joyless
life
. to conclude, the most important thing about accommodation is that
people
live relax and peaceful in there even it is a small rented
home
. If there is a reliable economical circumstance in a country, maybe owning a
home
is not important for its citizen and do not have to work relentlessly so they can enjoy their
life
.
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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