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 ?

In recent days, several individuals may consider it is more crucial to own a

house

than rent one in some countries. In my concern, there are several reasons for both situations and I will explain both standpoints. It is true that it is important for

people

to buy their own

home

,especially in certain countries. The main reason is owning a

home

is a symbol of safety. Parents may consider that owning a residence is secure and don’t need to worry about the drawbacks of renting a

house

.

Secondly

, there is a Chinese proverb that means own a

house

to begin

your career.

Finally

, why not use the money to buy a

home

instead

of paying rent. In

this

case,

people

may give the

house

to their children or sell it when the price is high to earn more profit.

Nevertheless

, owning a

house

may be quite difficult for several

people

such

as low-income families.

Firstly

, buying a

house

may require a loan from the bank. To pay the loan, the family may need to sacrifice some proportion of their income. Another reason is unexpected payments

such

as building insurance, furniture and maintenance fees.

Lastly

, the environment is not stable.

For instance

, more and more disasters are taking place all over the world

such

as tornados and earthquakes. If the apartment that the population own is destroyed by the disaster

then

it will be a financial crisis for some families. In conclusion, it may be important to buy a

house

rather than renting a

home

for several

people

. There are several positive situations and drawbacks to consider before owning a

house

.