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?

Many believe having a home is essential while others think renting one is feasible too. My point of view is that

this

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

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

,

this

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

is detrimental to a person’s or the society’s health and development.

For example

, 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

, 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

, 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

is creating too much burden, either

finally

or mentally, to oneself.