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?

Some

people

believe that buying a

house

is more beneficial than renting one, and there are various reasons to explain

this

popular conception. Personally, I believe that

this

is a positive trend in society’s mindsets. There are two main reasons why owning a

house

is very important.

Firstly

,

this

is a one-time purchase, so when

people

have their own homes, a sense of security is created. From now they no longer have to be worried about housing rental fees every month, which is very annoying and

also

doubles or even triples their monthly living expenses.

For example

, in the context of Covid-19, a lot of families lost their main income, leading to a lack of money. At that time, families who owned a

home

literally felt more secure than others, since they would still have had their

house

to survive even if the worst situation had occurred.

Secondly

,

home

ownership becomes a trend because

people

want to live in a place

that is

exactly the same as their dream. They aspire to have all the authority to build and decorate as they like, without being hampered by others. I believe

this

situation should be considered positive. Because the desire of owning a

home

strongly motivates

people

, they try their best in both work and life, which makes them become a better version of themselves over time.

This

is an outstanding signal. Another reason is that houses have been seen as a lucrative form of investment, as real estate prices tend to increase in the long run.

For instance

, in the year 2000, my uncle spent two billion to buy a

house

, and after 20 years, he sold it for ten billion, as we can see, he made a profit of five times what he spent. In conclusion, the main motivation behind

home

ownership stems from the desire of having a stable financial base and personal satisfaction. And I

also

think that

this

trend has brung us a lot of value in today’s world.