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 business in each country has its own patterns, as the popularity of purchasing or renting a

home

Use synonyms

differs from country to country. In recent years, we have seen that the majority of

the

Correct article usage

apply

show examples

people

Use synonyms

prefers

Change the verb form

prefer

show examples

to buy rather than

rent

Use synonyms

a

home

Use synonyms

. Due to its beneficial effects, I believe

this

Linking Words

is a positive trend. A clear positive is that having an owned house provides a sense of security to an individual along with family. An individual who does not own their own

home

Use synonyms

must pay

rent

Use synonyms

every month.

Thus

Linking Words

, It is necessary to maintain a job with a steady salary and balance

rent

Use synonyms

against other living expenses.

However

Linking Words

, Once a person owns their own

home

Use synonyms

, they must not pay

rent

Use synonyms

, so they are able to spend

money

Use synonyms

more freely and consider different jobs without worry of becoming homeless.

In addition

Linking Words

to the guarantee, living in a house for a considerable duration will create a bond in the family.

Although

Linking Words

renting a

home

Use synonyms

gives you more choices for different types of accommodation, owning a place has emotional implications for children and

elderly

Correct article usage

the elderly

show examples

. Older persons and children like to move to an area where they know the

neighbors

Change the spelling

neighbours

show examples

and locality. If they changed their location,

for example

Linking Words

, they became overwhelmed. It will take time for them to adjust to their new surroundings, which may result in mental illness and loneliness. Some

people

Use synonyms

might claim that buying a residence causes an economical effect on the pocket. Since a person would need a loan to purchase it,

this

Linking Words

should end up costing more

money

Use synonyms

in the long run than renting.

However

Linking Words

,

this

Linking Words

argument is dubious since

people

Use synonyms

can generate passive income from their real property. In simple terms, if someone rents out their house, they will be paid the

rent

Use synonyms

monthly.

This

Linking Words

is another way to assist

people

Use synonyms

in earning

money

Use synonyms

besides

Linking Words

their routine work. All in all, while an uncountable person lives in renting places, there are groups who prefer to have their own accommodation as it brings a feeling of safety and

instills

Change the spelling

instils

show examples

a personal attachment in the family. Rather than renting a property for a short period of time while paying a large sum with no return and no sense of security, it is preferable to invest the same amount of

money

Use synonyms

in owning a

home

Use synonyms

that appears profitable.