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?

In different countries, their housing markets are influenced by a myriad of external factors,

therefore

,

people

’s preferences in these provinces are

also

different. In some states, individuals would prefer buying a

home

rather than renting one,

this

might be because of emotional or financial reasons. I believe that the choice of buying a

home

over renting is highly subjective but, personally I think getting a rented place to stay would be a better decision for the individual and ecosystem.

People

buy homes for various reasons,

first

, is an emotional reason where

,

Remove the comma

apply

show examples

humans try to

Correct your spelling

settle down

show examples

settle-down

Correct your spelling

settle down

show examples

with their loved ones and live in a

home

for the rest of their lives.

For instance

, in India as soon as a person gets a hefty pay-check, his family would suggest

to buy

Change the verb form

buying

show examples

a

house

for himself, so that he can marry and settle there.

Second

Add an article

The second

A second

show examples

reason for buying a property would be as an investment, where individuals would buy

house

Add an article

a house

the house

show examples

and lease it, to illustrate

,

Remove the comma

apply

show examples

until the ‘2008 Mortgage Crisis’

house

was an asset which was skyrocketing in its valuation, and

people

used to buy houses to sell after a few years. These two are the main reasons for buying a

home

, but there are consequences associated with buying a new

house

for every individual. The choice of buying a

home

, versus renting is a purely subjective matter which depends on the career goals of an individual, as well as the economic situation in their homeland.

However

, I am more inclined to renting a

house

rather than buying one, because of the impact it has on the environment.

For example

,

people

tend to migrate to cities as part of their employment, but that might be a temporary arrangement,

therefore

if

people

are trying to own a

home

in that city that might cause a space limitation as well as

increase

Replace the word

increasing

show examples

pollution, due to new constructions.

Furthermore

, renting

also

gives

people

flexibility

Add an article

the flexibility

show examples

to move around from one location to another. In conclusion, nowadays in some

countries

Add a comma

,countries

show examples

individuals tend to buy a

home

over renting. The reason for buying a

house

might be emotional or financial.

Although

this

choice is purely subjective, I believe that paying rent provides more flexibility as well as, decreases pollution due to construction.

Therefore

, the trend of buying a

house

seems to be a negative development.