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 postive or negative situation?

In many countries owning a flat or a

house

is more important than renting. Especially Asia is taking buy

this

idea that owning property is more beneficial than a monthly rental contract. Despite

of

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apply

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the high prices of

such

an investment,

people

from all walks of life are buying flats and houses.

Therefore

is to wonder, what are the reasons for

this

development and whether

this

is

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positive

postive

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positive

or negative. One major reason for buying

instead

of renting lies in the fact, that most

people

see it as financial security. If someone buys a

house

for themself they are not losing the

money

as the

money

becomes the

house

. If,

for

example

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,example

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someone

bought

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buying

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a

house

and

couple

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a couple

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of years later they see themself facing financial problems they can simply sell the

house

again

getting

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get

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their

money

back and

therefore

overcome their financial problems. Buying a hose or flat is for most nothing less than a

security-safe

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security safe

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for their

money

. Another reason for

this

is that the value of flats and houses

are

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is

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rising immensely from

year

to

year

, which

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means

mens

Change to a genitive case

men's

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people

can make

money

from buying. It is

for example

very likely that someone who bought a flat in the

year

2009 is able to sell

this

flat for

the

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apply

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double or

tripple

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triple

price in the

year

2020 just because the prices of the market went up. That means, many

people

are buying

instead

of renting due to the fact, that they will gain more than they will lose. To conclude, there are several reasons for

people

investing in houses and flats as on the one

is

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it

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gives

financal

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financial

securety

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security

and on the other

its

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it's

it is

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a way to make

money

.

This

situation is in my point of view a

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positive

postivie

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positive

development , but only for those who have the financial

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possibilities

possibilties

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possibilities

to invest in

such

.