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?

In most countries, buying a

home

is considered an important milestone for everyone. In recent years,

people

have seen that the majority of

people

prefer to buy a

home

instead

of renting. From my point of view, I think that

this

is a positive trend due to its beneficial effects.

To begin

with, the main reason I advocate buying a

home

is that it is a reliable form of investment.

In other words

, the

money

to

rent

the

house

will be lost, while the

money

to buy the

house

will save the value.

For example

, with an income of 10 million VND per month, you can borrow to buy a

house

worth about 500 million VND and pay it off over 10 years. You will have your own

house

. But if you use that

money

to

rent

a

house

, it will take you a long time to save enough

money

to buy a

house

, and by the time you own that

house

, you are already old.

In addition

,

people

who have to pay a

house

rent

every month will waste their

money

not only on renting a

house

but

also

on

house

maintenance. In fact, the

rent

fees could be increased every year, and the landlord could easily ask the family to move from the

house

after the contract is finished.

For instance

, many

people

in urban areas still have difficulties buying their houses and choose to

rent

houses from moneylenders that have been causing their financial problems for a long time.

Moreover

, the problem that comes from renting a

house

is more complicated than buying a

house

. Some other

people

argue that if you are living in a country

that

Correct word choice

where

show examples

you can be sure about having a job or government support, it is better to consider renting as your primary choice, especially if you are young.

Otherwise

, if the unemployment rate in your area is high and you have the

money

to get a proper apartment, you should buy one in order to at least be sure about your

home

in case of unemployment.

Hence

, the correctness of

this

decision is dependent on your location and your country’s economic level. In summary, considering the reasons mentioned above, owning a

home

is a very profitable investment. Owning a

home

provides a sense of stability, comfort, and security without the risk of becoming homeless.

This

is seen as an important life milestone that everyone aspires to achieve.