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

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is more important than renting. Especially Asia is taking buy

this

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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

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an investment,

people

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from all walks of life are buying flats and houses.

Therefore

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is to wonder, what are the reasons for

this

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development and whether

this

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is

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positive

postive

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positive

or negative. One major reason for buying

instead

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of renting lies in the fact, that most

people

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see it as financial security. If someone buys a

house

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for themself they are not losing the

money

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as the

money

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becomes the

house

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. If,

for

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example

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,example

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someone

bought

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buying

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a

house

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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

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again

getting

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get

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their

money

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back and

therefore

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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

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. Another reason for

this

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is that the value of flats and houses

are

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is

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rising immensely from

year

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to

year

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, which

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means

mens

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men's

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people

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can make

money

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from buying. It is

for example

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very likely that someone who bought a flat in the

year

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2009 is able to sell

this

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flat for

the

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apply

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double or

tripple

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triple

price in the

year

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

people

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are buying

instead

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

people

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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

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.

This

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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

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.