In some countries, owning a house rather than renting one is very important for people. Why is this might be the case? Do you think this is a positive or negative situation?

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In some nations, having ownership of a
house
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is considered crucial to the point that
people
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avoid living in rental places.
This
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could be related to some cultural beliefs, where owning a
house
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is a characteristic of a person's success. In my view, I believe that
this
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situation is overburdened and puts negative pressure, particularly on young adults. Communities from certain cultural backgrounds deem that owning a home rather than renting one is of immense importance because it is a sign of a financially stable person.
In other words
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,
people
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will try to communicate their status through the things they possess to be respected, desired, and fit into their society.
For instance
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, in Morocco owning a
house
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is a priority for most single adults who want to start a family,
otherwise
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, they will seem neither appealing nor capable of providing a decent life for their future wives and children.
Therefore
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, some pre-thaught beliefs might be the cause of
this
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trend in some countries. The immense importance of possessing a home comes with colossal pressure and counterproductive results. To put it differently, young adults might go into debt that they will spend most of their lives paying to afford to purchase a place to live in, which can be detrimental to their mental health and well-being.
For example
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, owning a
house
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comes with endless expenses and stressors from furniture to annual taxes that goes out of the person's ability, leading to a constantly overthinking and depressed individual.
Consequently
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, I hold that
this
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situation has negative effects on many levels. In conclusion, In some countries,
people
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prioritise purchasing
instead
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of renting a
house
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which can be attributed to their cultural backgrounds. I deem that
this
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trend is a slow destruction of
people
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's life.

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