In some countries owning a home rather than renting one is very impotant for people. Why might this be the case? Do you think this is a positive or negative situation?
In a country, as a family or as an individual, owning a
house
is more substantial than renting a house
. There are favourable and non-favourable circumstances for this
. But I believe owning a house
is better than renting one.
Mainly, there are many positive points to consider in owning a home. Ownership of the home earns a reputation for the family or single person in society. They will look at the family or individual as wealthier. In the same way have more freedom in their own house
. They can live and change
anything in the house
or renovate as their desire. Furthermore
, it will save you money
. Spending on the rental is not required as it is owned by you. People can invest this
money
in any other valuable thing. For example
, people can start a business, a farm or any interesting thing. By this
they can earn extra money
. Then
your economy will improve according to your profit.
On the other hand
, sometimes owning a house
will be boring. That is
because when renting a house
people have to change
it from time
to time
and they have to move from place to place. That will be a good change
for your lifestyle. It is just like the beginning of new life. But living in the same house
will be monotonous. That will keep your life boring. Moreover
, you can change
your house
from time
to time
in different stages of your life. These are the negative points of owning a house
.
In conclusion, owning a house
is more beneficial than renting a house
because it will save you money
and the stability of your economy will increase. Therefore
, I suggest keeping your own home.Submitted by isurithilakaratne on
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