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?

Being the owner of a

home

is more crucial than renting it in some parts of the world. I think

this

phenomenon has various cultural and economic routes and has both two positive and negative sides, which I will explain in the following essay. Nowadays having a

home

becomes

one

of the most important goals in some countries, and people try hard to be able to purchase a

home

and avoid renting it.

One

of the most important results is an investment. When individuals buy accommodation, they can count on it for their future and it becomes like a treasure for them, which enables them to relieve stress.

Hence

, when they become old, they would not become homeless or if they face an unpredictable situation which needs a lot of money, they can sell the

home

.

Besides

, buying a

home

prevents them to waste their money and they will spend their budget on a beneficial thing. On the

one

hand, when some folks with low economic status tend to think that they should buy a

home

and that renting it is not sufficient. It has various negative impacts on their psychological situations. They think that they have lost in

this

“owning” competition and

without

Correct word choice

that without

show examples

owning a

home

, they could not have an appropriate lifestyle.

Besides

, they lose their confidence in their social life and feel that owning a

home

is the

one

and only factor for a good life. In conclusion, I believe that

although

having a

home

instead

of renting has many benefits and puts people in a desirable situation like an investment for their future, in some cases like poor folks, it has negative impacts and makes them unfaithful and depressed.