In some countries, owning a home rather than renting one is very important for people. Why is this the case? Do you think this is a positive or negative situation?

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Housing is a fundamental thing that
one
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shall possess, either by renting or buying it. It is believed that, in some countries, owning a home
instead
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of renting
one
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is crucial for people.
This
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essay will explain why buying a home is essential for some people; and whether it is better to own a
house
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rather than renting
one
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. To embark on, for some countries, owning a residence is not only about having a
house
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, it is
also
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considered to be a wealth indicator. Due to the fact that purchasing a
house
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requires a huge amount of money, people who own it are assumed to be rich and do get more respect than those who rent a
house
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. To illustrate, when there are events or parties where a friend from high school gather, a friend who owns a
house
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is more likely to get attention than those who rent.
Thus
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, to be an owner of a
house
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means more than having a shelter or a place to live, it is a status indicator as well.
Nevertheless
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, it does not means that renting a
house
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is terrible. In fact, renting a
house
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has many benefits.
For instance
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, if
such
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a person has a profession that requires to move a lot, renting is much more convenient as he/she can just change a place to rent, while those who own a
house
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may have to sell a
house
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and buy a new
one
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.
Hence
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,
house
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owning is not always better, it depends on your lifestyle and career. To conclude, whether buying or renting
one
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, having a
house
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is essential; in some countries, owning or renting a
house
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is not only about having a shelter but
also
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an indication of wealth.
Nonetheless
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, being an owner of a
house
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does not always a good thing, especially for those who have a job that needs to move a lot.
Therefore
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, it is my view that
one
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has to weigh the benefits and drawbacks, based on his/her own preference, before renting or buying a
house
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.
Submitted by big8392 on

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