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?

It is undeniable that everyone needs a home. In order to survive, we must have a safe place to protect us from hazards. Nowadays, options can be chosen whether the resident wants to completely be an

owner

of their accommodation or he or she wants to rent

instead

.

However

, numerous

people

say they rather buy a

house

.

This

essay will analyze the advantages and disadvantages of

this

decision before the conclusion is reached. On the one hand, having owned properties will lift social status. In many countries, especially in developing countries, a

person

who owns a

house

is considered to be a successful

person

. He or she will be admired. Being a residence

owner

implies that a

person

's financial situation is stable.

Moreover

, the

owner

of a

house

is able to freely make adjustments to the accommodation. Many tenets are more likely to struggle when it comes to decorating because they have to wait for the landlord's consent, but the owners can do anything they want without being hampered.

Therefore

, it is understandable why many

people

in various countries want to buy a

house

if they have the potential to do so.

On the other hand

, there are significant drawbacks to buying a

house

. First of all, it impedes

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the

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owner

from moving to another place because he or she is committed to

this

house

.

This

situation might be beneficial to certain

people

,

such

as older

people

.

However

, it is inevitable that nowadays most workers will have to move to different locations

according to

occupy

the

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apply

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job opportunities.

Therefore

, owning a

house

will be a problem at

this

point.

Furthermore

, it costs a substantial amount of money to buy a

house

. If a

person

does not have the ability to pay and

uses

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use

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his or her future money it will be massive trouble. Financial difficulties will be encountered in

a

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the

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foreseeable future.

Thus

,

economical

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economic

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circumstances must be considered before any risky decisions are carried out. In conclusion,

although

, the

house

owner

has to pay a lot of money and is not allowed to move. There are advantages that outweigh the disadvantages. In my opinion, it is a fantastic decision to buy a

house

if only that

person

is financially secure.