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 a positive or negative situation ?

In some countries, it is not common to rent a

home

,

however

, it is rather crucial, for citizens of these countries, to own their

place

for living. In

this

essay

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,essay

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I will argue that the comfort of owning a

house

or

apartament

Correct your spelling

apartment

can be the cause of

this

and add an argument in

favor

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favour

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of buying

own

Correct pronoun usage

your own

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propery

Correct your spelling

property

properly

. Renting a

home

does not provide the same level of freedom as an own

place

does. By being a

tenent

Correct your spelling

tenant

, it is paramount to adhere to the rules set by the owner. When you violate them it is very likely that the owner will evict you.

However

, owning an

appartment

Correct your spelling

apartment

,

for example

, allows you to rebuild it, change the

overall

layout of the flat or add specific furniture.

Hence

, designing it to your taste.

Such

freedom can be especially

importont

Correct your spelling

important

to some people, which have a very specific way of living influenced by their country’s culture.

Then

having their own

place

is crucial for them to feel comfortable. By buying a

home

, no money

are

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is

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“wasted” on rent.

Although

renting a

place

can offer

a

Correct article usage

the

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possibility to relocate to

different

Add an article

a different

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place

, from an economic point of view it is not a good choice. In

case

Correct article usage

the case

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of buying a

house

by taking a

mortage

Correct your spelling

mortgage

, you are

also

paying monthly payments,

nonetheless

, you own the

place

and

thus

with every payment you lower your debt, but still retain the value in the form of the

house

,

while

rent is a pure expense. In conclusion,

to have

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having

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the possibility to recreate own living space to one’s liking is driving people in some countries to possess their own

home

. What is more, given the financial advantage of buying

an

Change the word

their

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own

house

instead

of renting, it is

also

beneficial for these people.