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?

Housing is a fundamental thing that

one

shall possess, either by renting or buying it. It is believed that, in some countries, owning a home

instead

of renting

one

is crucial for people.

This

essay will explain why buying a home is essential for some people; and whether it is better to own a

house

rather than renting

one

. To embark on, for some countries, owning a residence is not only about having a

house

, it is

also

considered to be a wealth indicator. Due to the fact that purchasing a

house

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

. To illustrate, when there are events or parties where a friend from high school gather, a friend who owns a

house

is more likely to get attention than those who rent.

Thus

, to be an owner of a

house

means more than having a shelter or a place to live, it is a status indicator as well.

Nevertheless

, it does not means that renting a

house

is terrible. In fact, renting a

house

has many benefits.

For instance

, if

such

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

may have to sell a

house

and buy a new

one

.

Hence

,

house

owning is not always better, it depends on your lifestyle and career. To conclude, whether buying or renting

one

, having a

house

is essential; in some countries, owning or renting a

house

is not only about having a shelter but

also

an indication of wealth.

Nonetheless

, being an owner of a

house

does not always a good thing, especially for those who have a job that needs to move a lot.

Therefore

, it is my view that

one

has to weigh the benefits and drawbacks, based on his/her own preference, before renting or buying a

house

.