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 a positive or negative situation ?

In the contemporary era, a number of

people

tend to buy their own

house

rather than rent an apartment. There are various reasons behind

this

trend and which will be

further

discussed in the following paragraph

also

, I believe it is a negative trend.

To begin

with, a majority of

people

want their own

house

to live in because there are so many factors behind

this

.

First

of all, owning a

house

provides a sense of security and,

moreover

, a

house

is the

first

priority of any individual. Apart from

this

,

people

do not need to stress about paying rent or any sort of bills.

Besides

this

, they have their own choice of how to decorate the

house

and how to maintain it.

Furthermore

, they do not worry about following any rules and regulations made by

house

owners.

For instance

, many landlords impose restrictions on certain things for their tenants,

such

as how many family members or friends they can call, what time they can come home at night, and so on. So, the tenants have to accept all these rules.

However

, if they have their own

house

,

then

people

can be as carefree as they want.

Hence

, that's why

people

like to buy their own

house

rather than a renting apartment.

However

,

this

is a negative approach because a large section of society lives below the poverty line, so they do not have the money to buy their own

property

.

Besides

this

, one should have a huge amount of money for the maintenance of their own

house

. Another disadvantage is that

people

are frequently required to leave their homes in order to relocate to another location for work.

As a result

, these

people

may find it difficult to buy

property

repeatedly.

For instance

, a survey from Time Now in 2017 stated that 80% of the population lived in rented apartments rather than buying their own, as they said their rental houses were more convenient and cheap.

Also

, the maintenance of the

property

is the responsibility of the landlords. So, these are the points that indicate that

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owning

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owing

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owning

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a

house

has a negative trend. In conclusion, buying own

property

provides a sense of security and fulfilment;

however

, working individuals may find it difficult to have their own

house

and maintain it.