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
Change preposition
apply
show examples
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
Correct your spelling
positive
postive
Correct your spelling
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
show examples
a
house
and
couple
Correct article usage
a couple
show examples
of years later they see themself facing financial problems they can simply sell the
house
again
getting
Wrong verb form
get
show examples
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
show examples
for their
money
. Another reason for
this
is that the value of flats and houses
are
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is
show examples
rising immensely from
year
to
year
, which
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means
mens
Change to a genitive case
men's
show examples
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
Correct article usage
apply
show examples
double or
tripple
Correct your spelling
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
Correct your spelling
it
show examples
gives
financal
Correct your spelling
financial
securety
Correct your spelling
security
and on the other
its
Replace the word
it's
it is
show examples
a way to make
money
.
This
situation is in my point of view a
Correct your spelling
positive
postivie
Correct your spelling
positive
development , but only for those who have the financial
Correct your spelling
possibilities
possibilties
Correct your spelling
possibilities
to invest in
such
.
Submitted by miriamjohannadan on

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