in some countries, owning a home rather than renting one is very important for people. why might this be the case? do yo think this is a positive or negative situation?

Nowadays, housing ownership has become a controversial debate among people. In some Nations, being the

house

owner is far more vital for individuals than being a tenant. In

this

essay, I will explore the possible causes of

this

issue and explain why I think

this

can be a double-edged sword situation.

To begin

with, having a home for

one

’s self is not only having a place to live conveniently

,

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but

also

can be considered

as

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a reliable property.

This

is important because

one

can count on their

house

when being in harsh financial conditions so ask to lift themselves out of money-related difficulties. Take my family as an example.

Last

year my father was close to bankruptcy.

Then

, he was able to survive his business by selling our

house

, which prevented him from facing the prison sentence. Another reason for

this

tendency to have a home can be the frustrating process of renting

one

.

This

is because, On the

one

hand, due to the unstable housing market, chances are that pay rents

surge on

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a yearly basis.

On the other hand

, being a tenant is not a permanent lifestyle, given that you might be forced to exchange your

house

sooner than when you own it. Regarding the statement, it can be either beneficial or detrimental. As for the former, people inherently desire to level up their social and economic status.

This

might lead them to raise capital

instead

of being extravagant in order to afford to buy a

house

that brings them financial security and

also

gives them a sense of

fulfillment

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. As for the latter, if

one

strives excessively for owing

house

, they might fail in other aspects of their lives and end up with depression, or other mental disorders stemming from financial anxiety.

Therefore

, had it not been for the greed of possessing a

house

, they could have achieved prosperity in all dimensions of their lives. In conclusion, housing possession is an increasing concern in families in some communities. while there are several reasons contributing to the willingness to have a home,

such

as relying on it on rainy days and the hardship of renting

one

, I am of the opinion that it can be positive in terms of capitalizing on our efforts to progress, meanwhile negative because of the unnecessary pressure that people might deal with resulting in ignorance to other parts of their lives.