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?

The real estate industry in each country has various situations since the need of buying or

renting

Wrong verb form

rent

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a place is diverse around the world. Renting houses or apartments is often thought to be a bad idea due to the relating expenses as well as the status symbol of owning houses.

This

essay finds the answer to the why as well as the positive perspective of

this

mindset. Basically,

monthly

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a monthly

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rental might be

one

reason for

this

case.

In other words

,

people

owning a

home

do not have to worry about whether landlords can decide to increase their monthly rent or not. Once an individual has already secured a place for shelter, other necessities like food and clothing, water and electricity as well as almost everything else

are

Change the verb form

is

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likely in control.

Furthermore

, some

people

even consider their

home

as a valuable investment in the future since property prices usually enhance over

a

Correct article usage

the

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long term.

In addition

to the explanation as to why

people

tend to own a

home

, I particularly feel that possessing

one

is a reasonable decision because the more time residents spend living

a

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in a

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place, the more familiarity they could have with facilities and

neighbors

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neighbours

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.

In other words

, resettlement constantly may affect personal relationships a lot, especially for the elderly and children because they need time to adapt

the

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to the

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environment and easily have mental illness as well as loneliness.

One

may argue that homeownership is not as flexible as renting due to uncertain unemployment

situation

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situations

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or

long – term

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long–term

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commitment

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commitments

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.

Although

this

may happen to some extent;

however

, owning a

home

gives oneself the ultimate freedom and security.

In other words

, homeowners do not need to deal with an unreasonable landlord who pushes up rents, reminds them the property belongs to whom and so on. In conclusion, some

people

prefer having a

home

to leasing

one

since they could avoid landlords

as well as the property value

Add the comma(s)

, as well as the property value,

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has been continuously increasing over the years.

Therefore

, from my point of view,

this

might almost always provide positive features for the owner’s future.