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 certain countries, being the owner of an apartment is deemed vital as opposed to being a tenant. The financial restrictions that renting

brings

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bring

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about

are

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apply

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the

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apply

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cause

for

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apply

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many to wish for the actual ownership of the homes in which they could be at liberty to make any adjustments to the building. In

this

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essay, I will discuss why the public wishes to own homes rather than

renting

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rent

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as well as

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the benefits of doing so.

On the other hand

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, renting a dwelling deprives a person of

having

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financial stability.

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, because an individual has to pay for the rentals monthly, he is denied the opportunity to save some

fund

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funds

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and use

it

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them

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to grow his business and to stabilise financially.

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,in a survey conducted in West Africa on the economic effects of monthly payments of rentals, it was determined that communities who made

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payments were not able to improve their financial status.

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in itself motivates families to acquire their own homes rather than to rent one.

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, one plus point of advising the crowd to own a home rather than rent is that It accords them the freedom to be able to make any adjustments to the building whenever they see

it

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apply

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fit. To put

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in perspective, unlike with a rented home, extending a shack to make more room can be done at any time without seeking approval.

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, in order to add another extra room to a home, a tenant first has to inquire from the landlord if he can be granted permission to do so before he can take any action. Regardless of how necessary

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might be for the tenant, he may not always be given that opportunity. Henceforward, more reason why it is a positive development to own a condominium so that one can be at liberty to do all he wishes with the mansion. In conclusion, it is because many public is denied financial freedom

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of paying for the rentals that many countries urge them to gain independence.

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comes with countless benefits like the ability to make adjustments to the building whenever a person wishes to. Personally, I believe it is a positive approach