in some countries, owing a home than renting one is very important for people. Why might this be the case? Do you think this is a positive or negative situation.

The rate at which

people

are building their houses in

this

era is alarming. In some parts of the world, the population see

this

as very valuable unlike in other countries where it does not matter.

However

, is owning a

home

advantageous? Or are there more drawbacks than pros in

this

situation? In

this

essay, I will explore both the advantages and

disadvantages

and will draw conclusions.

To begin

with, most families believe is the greatest achievement to own a

home

. It serves as a feeling of fulfilment for them.

For example

, in most African countries, it is expected for a man to have a place of leaving of their own.

Secondly

, it is perceived by many

people

that, parents are to leave their offspring with a

home

after their death. With

such

ideology, it is expected to build a place of living so that, it can be passed on to the

next

generation

instead

of renting. Having a

home

rather than staying in a rented apartment has both advantages and

disadvantages

. On the positive side, it saves

money

. Leaving in other peoples' homes brings about a lot of expenditure. These days,

people

pay for rent allowance not less than 100 dollars a month for a single room. Aside from the

money

issues, the property could be given to the newer generations to use.

However

, there are numerous

disadvantages

to

this

situation.

Firstly

,

people

are pressured to work extra hours to earn a lot of

money

for their building.

Secondly

, a large proportion of our agricultural lands are been cleared for housing and

lastly

, owning a big well-furnished

home

is becoming competitive in some parts of the world. To conclude, it is good to own an apartment since it saves

money

and can be passed to the younger ones but the

disadvantages

such

as putting pressure on individuals to earn enough

money

, destroying lands used for agricultural purposes and competition these days outweigh the pros and

hence

, I think it is a negative situation and that, the government should build enough rooms for renting

instead

of individuals owing them.