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?

According to

Maslow’s hierarchy of needs,

roof

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a roof

the roof

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over one’s head is one of the basic human needs. In some communities buying a house is more popular than renting. High rental fees and the personal preference to maintain social status are the main causes

for

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of

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this

trend. I believe that

this

is a positive development and reasons for my observation will be given henceforth.

First

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,First

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it is essential to note that,

the

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a

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greater proportion

from

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of

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someone’s earnings should be allocated for accommodation

,

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apply

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if they not owning a home.

Due to

growing inflation in many countries, it is difficult to spend

lot

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a lot

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of money on houses. Because of that, it is economical to buy a residence which can convert

in to

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into

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the

Correct article usage

apply

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money if needed.

Moreover

, people who live

in

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on

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a

Correct article usage

apply

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personal property maintain a high social status when

comparing

Wrong verb form

compared

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to others.

Therefore

, everyone tries to show off their luxurious lifestyle by having

own

Correct pronoun usage

their own

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condos.

For example

, in Sri Lanka owning an apartment consider

as

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apply

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a qualification for

marriages

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marriage

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.

According to

my

perspectives

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perspective

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, the main reason is permanent houses are more economical in every aspect. If someone has their own residence, they will get

a

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an

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opportunity to spend their lot of earnings on something valuable,

such

as

for

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apply

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education or entertainment. To be more precise,

permanent

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a permanent

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living

place

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places

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build up a

close knit

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close-knit

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community which has different advantages. It allows us to have close bonds with

neighbors

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neighbours

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whom

Correct pronoun usage

who

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can share our responsibilities, not only that but

also

it is essential to reduce our anxiety

,

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apply

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because

well known

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well-known

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environment

make

Correct subject-verb agreement

makes

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us feel safe and comfortable.

For instance

, I have

great

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a great

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neighborhood

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neighbourhood

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which helps me to look after my old parents, when I am busy with my duty schedules.

I

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In

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conclusion, financial benefits and

maintain

Wrong verb form

maintaining

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social status are the main causes

for

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of

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this

move. I strongly believe that

positive

Correct article usage

the positive

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impact of

this

trend is higher than

negatives

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the negatives

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.