In some countries, owing 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?. Give reasons for your answer and include any relevant examples from your own knowledge or experience.

In modern times there has been a tendency of people deciding to buy their own houses

instead

of renting one. For some of them,

this

is a justified behaviour and, in my personal opinion, the advantages of owning your own space outweigh the minimal drawbacks.

To begin

with, one of the main advantages of purchasing a house is that, you can do any type of improvements to it without asking for permission.

For example

, when someone is renting an apartment in most cases if you need to make a hole in the wall for a shelf, you need to ask the owner and, sometimes, that means paying an extra fee.

On the other hand

,

this

is far from happening in an apartment that you have bought. Drawing from my own experience, when I was studying for my bachelor's degree, I had to move to another city and rent a floor, even though all the services were included (wifi, water, and electricity), I wasn't allowed to make any type of adjustments to the

place

. While no one can deny that

this

is a very logical restriction since many people may abuse and partly destroy the

place

, there is nothing more gratifying than being able to do anything you want with your flat. Another important advantage involves the possibility of giving your family a

place

that everyone can call home in where you can happily get older and your children can grow old. When someone rents a house and has a family, there are always going to be some inconveniences.

For instance

, you will always have to pay for monthly rent and in current times, rents can be extremely high, forbidding yourself to use your money differently.

Furthermore

, there is going to be a time when your children will go to university and on the majority of the occasions, you will have to pay a lot of money for their living expenses.

This

situation can be avoided by making a single investment, of course,

this

situation is not always simple since buying a property is expensive but, the compensation overshadows the struggle. All things mentioned, there are clear and convincing reasons why people are deciding to purchase their properties

instead

of renting a

place

. Even if those reasons are for the good of the family or just because you want to have your own space in the world, there are few and almost imperceptible inconveniences that can be easily overtaken.