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 positive or negative situation?

There are different trends in the real estate industry in each nation, as the popularity of buying or renting a place is not similar around the globe. The expenses related to renting as well as having a

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as a status symbol can be the reason for choosing to own a

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rather than renting one. I assume that

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is a positive situation, which helps people develop their future life.

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of all, there are some countries where the value of renting is the same as paying for a mortgage in a bank.

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, it is better to purchase a

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and give a monthly payment, which would later add

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assets rather than putting that money into rent as an expense. Along with

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, owning a

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is counted as added wealth,

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, being a tenant is considered to be poor in some parts of the world. The financial well-being of a person is estimated by the worth of the

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.

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, in India,

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man won’t easily get

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apply

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permission from his girlfriend’s parents to get married when he lives in a rented

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. So it is really important for men to have their own

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to build up their future family. In my opinion, it is a positive situation to possess a

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for every individual who wants to have a stable life. It is a good opportunity for investment and renovation according to their own style.

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, people sometimes have to spend their money repairing the facility of the landlord’s

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so it would be unfair when they can not use it for a long time.

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, to some people, they are really frustrated when they have to follow all the

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owner’s strict rules so it will be more comfortable and freedom if they have their own private

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. In summary, there are many reasons for having a

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depending on the different culture and income of each person. Modern life is more and more difficult to own a

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so I believe that it is very essential for us to make a financial plan to achieve it as soon as possible.