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?

These days, choosing

accomodation

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accommodation

has always been a tricky question for many

people

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around the world. In some countries, it seems very crucial for

people

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to possess a home rather than hire an apartment. In my opinion, there may be several reasons behind

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trend and whether

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is a positive or negative situation depends on many different factors. There is a sense of security from having your own

house

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.

First

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of all, you don’t have to worry about the usual monthly payment for renting. Because of

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, you can spend your money on various other things in your daily life

such

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as clothes, food, etc.

Secondly

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, you are free from any restrictions because

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is your own property.

For instance

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, You can adjust the interior, modify your

house

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, have pets – which is usually banned in renting apartments, or do anything of your own accord.

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, you can truly feel comfortable and secure in your living place.

On the other hand

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, the situation can change due to one’s

circumstance

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circumstances

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. To fully earn the mentioned privilege of having your own

house

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, one has to have the money for it and other expenses that come along. Many

people

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who buy houses that they can barely afford can run into several financial problems.

Instead

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of paying rent, these

people

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will have to pay for interest fee from the money they borrowed to buy a

house

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. Usually, these loans are from

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the bank

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bank

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banks

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, and

these

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this cound

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cound

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could

hardly be paid in a short period of time.

Moreover

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, they have to pay for other living expenses

such

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as taxes, water and electricity

bill

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bills

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, etc. In conclusion, owning your own

house

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can be a great move for those who have the finance to support themselves, but it can backfire if you do not have a suitable circumstance.