In some countries, owning a home rather than renting one is very important for people. Why might be the case? Do you think this is a positive or negative situation?

One of the basic human needs is having a place to stay and live where we either can own a
home
or rent one. Owning a
home
has not been easy for anyone in some countries recently because of land limitations. Aside from that,
house
prices have gone up for many years and most likely will always increase for some years ahead.
Thus
,
this
situation has changed society from owning a
home
to renting a
house
or living in an apartment.
First
, most rich families in some countries have more than two houses where they can sell
with
Change preposition
at
show examples
higher prices in the future. Houses have been seen as a profitable asset that will get a high return for them.
In addition
to
this
,
Correct your spelling
another
anoother
Correct article usage
an anoother
show examples
family can not afford a
house
due to a decrease in
house
supply.
For instance
, only wealthy people can own a
house
.
Second
, the availability of land in some countries is limited so it affects the housing supply.
Home
availability has been an issue for some years backwards where most of the areas has been used to build offices, shops, and malls. Land productivity is getting lower as the buildings that have been built are not occupied enough.
However
,
this
issue can be solved by building apartments but for some people owning a site
house
is more comfortable to live in and having a neighbourhood is the good one. To conclude,
this
negative situation will get worse if the government does not take any actions by creating
policy
Fix the agreement mistake
policies
show examples
towards housing.
Thus
, they should monitor tax houses for those who have more than two and give a reluctant price for those who just started to own their
first
residence.
In addition
to that, the apartment price and availability should be monitored and the government can collaborate with developers to develop affordable
dwelling
Fix the agreement mistake
dwellings
show examples
for the people.

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