In some countries, owing a home rather than renting is very important. *why might this be the case *Do you think this is a positive or negative development?

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In today's fast-growing society it's difficult to find accommodation for everyone as the population of the country is rising at a fast pace. In developing countries, there is always a debate between
people
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buying a
house
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rather than renting it. Some
people
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think that buying a home has a direct relationship with economic growth,
,
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However
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,However
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others prefer a rented
house
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. In my opinion, I believe that owning a
house
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is an integral part of
people
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and
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the development of the nation.
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, If many
people
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are planning to own a
house
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, it incurs several benefits to the neighbourhood as the land value increases and
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encourages the real estate developers to come up with multiple projects.
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development could bring many facilities like supermarkets, schools and parks to the locality.
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, In my ,locality I could see that there are several Schools and shops coming up because of new built high rise apartments. it's not only a good idea to own a home but it is
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said by economists that it is essential for
people
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to have shelter. The rented houses are becoming unaffordable among
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due to urbanization.
people
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from rural areas migrate to the metro cities for job opportunities and
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could result in overpopulation.
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resulted in an increase in demand for rented houses and
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overpriced. We
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face economic crises hitting us hard and
people
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tend to lose their jobs during these difficult times and they will not be able to afford the rent. In conclusion, I would like to pen down my opinion saying that it's a nice choice to buy a
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at earliest as we see several problems like economic crises, urbanization and scarcity of rented
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. I
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think that it has some positive effects by eliminating the stress of rental payments and giving substantial financial cushion during hard times.
Submitted by pradeepkumar089 on

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    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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