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 ?

It is often argued in several countries that

people

think that owning a

house

is a top choice. While others said that

house

renting is a reasonable alternative.

This

essay will discuss both sides of the discussion.

First

and foremost, there is a stereotype among

people

that owning a home is the key to everyone's happiness and dreams.

People

decide to buy a

house

because for them owning ownership of the

house

makes them free to live and put their things in one place.

For example

, we have the right to sell the

house

at any time and even have the right to make the

house

a new business.

However

,

this

option has drawbacks,

such

as high investment, maintenance, and tax costs. An unsupported person's financial condition often makes somebody unable to buy a

house

. On the flip side, renting a

house

can be an alternative for

people

who are not financially ready, because the rental price is more affordable and there is no need to think about maintenance costs and taxes.

This

option is

also

the best and most flexible for those,

for instance

, who only live temporarily in a city for a business or education affair. But if we decide to rent a

house

then

we will miss the opportunity to invest in a

house

. Even though the amount of rent we pay can be used as to the down payment for our dream

house

. In conclusion, while there are convincing arguments on both sides of important choices,

that is

buying or renting a

house

, there is no better choice between renting or buying a property because the decision depends on each individual. The two options could be taken based on several factors,

for instance

, its property location, type of desired home, how much budget, and so on.