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?
It is commonly believed that being a
house
owner rather than a renter is significant in some countries. The reasons for this
condition are discussable. In my opinion, although
having a dwelling can bring some advantages, it also
poses certain disadvantages.
Admittedly, owning a home can be an indicator of a successful life
, which is the probable reason why people
regard a self-owned dwelling as a major life
achievement. Being a house
owner can have a better sense of security. Without self-owned habitation, people
would face the possibility of being forced to pay more rental fees or to move. In other words
, living in an own home means having control of own life
to some extent. Secondly
, a personally owned accommodation can stand for insurance of the property. It can be seen as a self-investment to pay the house
loan to the bank, rather than the rental fee to the landlord.
However
, the drawbacks of owning a house
cannot be ignored. First
of all, according to the developing economy, the future value of everything is unpredictable. It cannot be ensured by anyone whether the house
will be worth the same after years of paying for the loan, while the changeable rental fee might reflect the true value of the dwelling, keeping up with the time. Another demerit of owning a house
is that the more reliable a self-owned dwelling is, the fewer
freedom Correct quantifier usage
less
people
can have in their life
. People
who rent houses can live their life
more flexible, being a digital nomad or worldwide traveller for example
, without the pressure of the loan or maintenance work of a self-owed house
.
In conclusion, although
it is understandable that having a personal accommodation is vital, I maintain the view that it is a double-edged sword, and the negative impacts cannot be disregarded.Submitted by z.yu1997 on
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