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?

In most countries, people tend to think that having their own house is prestigious and worthwhile rather than renting an

apartment

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. In my view, it is a positive trend and I am going to discuss a few points supporting

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aspect.

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and foremost, I think owning a house considers a prestigious commodity in some countries.

Nonetheless

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, you can live your freedom, because mostly if we hire an

apartment

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the landlord will try to control us regarding how we should use the appliances and how we should do the maintenance.

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, if we move from one to another, we have to spend time and bear the cost of renovation.

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, in some countries finding proper moving services are scarce. Because of that loading and unloading of furniture and other household appliances is crucial.

Secondly

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, when we renting we have to sign an agreement with the landlord for a particular time period and after that, the owner might not agree to continue

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. In that case, the tenant probably has to search for a new

apartment

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which is extremely tedious.

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, nowadays most of the foreigners working in Singapore have to confront

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situation. With the high demand, it is not so trivial to find an

apartment

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with expected conditions and requirements since the houses rental fees are skyrocketing. To sum up, it is a great accomplishment owing a house even financially since ownership can save lots of money. In my opinion, owning a home is essential for a family who's planning to live long term with their parents and other close relations.