Owning a home is more important than renting one. Why might this be the case? Do you think it is a positive or negative situation?
Home ownership
is extremely important for people in certain countries. Correct your spelling
Homeownership
This
is because of the way the house
rental system works, such
as raising the rent
every year. Owning a house
is good for everyone, as it makes people feel like they have accomplished something in life.
There are numerous rules and regulations when it comes to renting a house
in some countries, as well as the fact that rent
can be pretty expensive. For example
, in my country, the landlord is allowed by law to increase the rent
by at most two percent
every year. The longer a person stays at a rented Change the spelling
per cent
home
, the more he has to pay for it. Moreover
, the amount of money used for renting a small apartment in big cities takes nearly a third
of a person’s monthly income. As a result
, a lot of people have decided to buy a house
in the suburbs with a bank’s
loan.
Change noun form
bank
First
of all, being able to purchase a place to live is an enormous achievement for someone. The feeling of living in one’s own home
could be a huge personal fulfilment. Besides
, Correct your spelling
homeowners
home owners
do not have to worry about paying the Correct your spelling
homeowners
rent
at the end of every month. Furthermore
, they can save extra money to spend with their friends and family or pursue their hobbies and interests, such
as gardening and traveling
.
In conclusion, it is true that owning a Change the spelling
travelling
home
is extremely important in some places, as the housing rental market is complicated and rent
cannot be affordable. Therefore
, making the choice to buy a place to call home
could be a positive thing.Submitted by tr.zarwaihnin on
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