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 a positive or negative situation ?

Owning a

house

is a dream of each and every person. While many people think that buying a

home

is the most important thing in their life, I would like to argue that, renting a

house

also

have plenty of

benefits

.

This

essay will discuss both statements.

To begin

with, it is indisputable that owning a

house

has its own

benefits

. It is a symbol of independence and gives a feeling that it's our property.

Additionally

no need to pay monthly

rent

and is free from shifting household things from

one

home

to another.

Although

there are a lot of

benefits

,

one

needs to pay a high

amount

to buy the

home

or many people take the load. Which is sometimes kind of a burden.

However

many financial experts say that buying a

house

is nothing but an asset.

Also

real estate in big cities becoming currently which offers all variety of houses in almost all rang.

On the other hand

, living in a rental

house

also

have so many challenges like monthly

rent

,

one

can not paint or design a

house

as per their requirements, if the landlord is good

then

everything is fine

otherwise

handling them is

also

a big pain.

However

, if someone does not have a sufficient

amount

of money to buy a

house

then

they are left with no option except to live on

rent

. In

one

of the financial magazines, it was described that the

amount

of money paid on

rent

during whole life is somehow less or equivalent to the

amount

spent on

a

Remove the article

apply

show examples

personal

home

. In conclusion, buying a

home

or living on

rent

has its own

benefits

. Nowadays properties are expensive that average earning individuals are unable to buy their own property.