In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or negative development?

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Many believe having a home is essential while others think renting one is feasible too. My point of view is that
this
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ideology
mainly
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is mainly
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due to cultural and family influences and the negative impacts of it outweigh the positive impacts. To start with, in Asia, especially Chinese societies,
majority
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the majority
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of them would be pleasant to own their home at all
cost
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costs
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. Hong Kong is a robust example of
this
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scenario, we are said to be a cosmopolitan city and yet, the ideology of “renting a house equals
to
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apply
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repaying
mortgage
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the mortgage
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for the owner” has been rooted in our
mind
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minds
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. Despite the soaring flat price which
make
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makes
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it impossible for young couples to buy their own flat, parents are always more than willing to give or borrow them the capital needed to achieve the goal.
As a result
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,
this
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vigorous cycle loops all over again since Chinese tradition values “having a shelter”. It is clear that when getting a flat is all one’s concern, they will be under gigantic pressure and
this
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is detrimental to a person’s or the society’s health and development.
For example
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, it is not uncommon to hear
Japanese
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the Japanese
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saying they are repaying the mortgage that
his
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their
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grandparents or parents borrowed. Meanwhile, Japan’s suicide rate
always
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is always
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maintains
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maintained
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at a high level and researches reveal the reasons behind include not being happy at work and
feel
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feeling
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financially stressed, to list just a few. We are all born to be free and ambitious. Buying a flat,
however
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, create
indescribable
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an indescribable
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burden to people who are suffering from
absurd
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the absurd
an absurd
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home price that limits the possibilities that we are supposed to be able to explore. Some may believe that having
the
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their
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own place can keep people motivated and determined at work or
to
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apply
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make a big fortune.
Nonetheless
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, I doubt if all people will be delighted once they own the house. Maybe starting up
busines
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business
brings more joy to them? Maybe owning a dream car is more satisfying than owning a house? To me, affording a flat is killing all these opportunities. To conclude, I find culture does most of the influences of the
believe
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belief
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that owning is better than renting and
this
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is creating too much burden, either
finally
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or mentally, to oneself.
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