In Some Countries Owning A Home Rather Than Renting One Is Considered More Important. Why might this be the case? Is this a positive or negative development?

Having a home rather than renting one is considerably important in some nations.

This

essay will

first

suggest that the causes of

this

notion are that it is better for

people

’s image and it is cheaper in the long term. From my point of view,

this

is a positive circumstance, as it motivates

people

to work harder to afford the residence. The primary reason why

people

prefer to live in a self-owned house is that it can represent the wealth stability of each family which can bring them into high-class society and provide precious job opportunities.

Additionally

, less money spent in the long term is another reason why. Once the residence is possessed, it can be passed down to the

next

generation and generation with higher worth because the land price always increases. Differ from renting an apartment or condominium which is expensive and endless, as the rent rate is increased, the resident gains nothing, except overpriced bills. From my perspective,

such

a notion generates positive movement to society since the majority of

people

desire to have their own house, they tend to work harder which directly enhances the economy and the country.

In other words

, when

people

have set clear and attractive goals, they always put all their efforts into their work and higher productivity can be seen.

Besides

, the government earns more taxes from citizens which contribute to the country development. In summary, owning a house makes

people

look better in society and

also

eases their financial future, not only for themselves but

also

for the

next

generation. In my opinion,

this

is definitely a positive movement that could lift up economic and security levels simultaneously.