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.