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?

In some societies,

people

prefer to have or buy a

home

instead

of renting.

This

could have several reasons some of which will be mentioned here.

Also

, I totally disagree with that, and I think the disadvantages outweigh the advantages.

Firstly

,

people

have a tendency to buy homes because

this

can be a kind of investment. In fact, by buying a

home

they try to save

money

instead

of financial fluctuation or financial crisis.

For example

, Iran does not have a good financial situation, and every day the worth of the Iranian currency decline.

Thus

people

buy

money

to prevent the decline in their wealth.

Secondly

, if you rent a

home

you should leave a rented

home

and find a new

one

.

This

could be boring for a lot of individuals, so they prefer to buy a

home

and live in

one

place.

On the other hand

, buying a house need a lot of cash.

In other words

,

this

can make you put all of your saved

money

into buying.

Therefore

, you do not have any budget to invest in other things, and you cannot earn

money

.

For instance

,

last

year my father have a lot of cash and bought a

home

for investment. So, he put all of his

money

and it did not have any profit for him. For an alternative, I think he could buy gold or cars and earn

money

. In conclusion,

people

for investment or avoid transport from

one

home

to another

one

every day, they prefer to own a

home

. But according to my experiences, I think it could be better than renting a

home

and investing your budget in different things because

this

helps you to make more profit.