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

Nowadays, in some regions, sometimes it is thought that it is vital for
people
to have their own
home
rather than live in a rented
home
.
This
essay will provide reasons why it is important to live in own
home
and give my opinion about
this
situation in the upcoming paragraph.
Firstly
, I would like to mention why it is essential to have a
home
for
people
.
To begin
with,
people
who live in a rented house are paying money to the landlord every month. And still, they do have not their own
home
.
Instead
of that, if those are spending money to buy their
home
and giving monthly EMI to the bank.
Hence
, they have their own
home
.
Moreover
,
people
can build their homes with their own choices.
Secondly
, I think having their own
home
is a positive situation for folks. To commence with,
People
who registered their names in their homes have the benefits to show their property to the Income Tax department.
Therefore
, they might get some help in taking a loan for their family.
For example
, if
people
have their own house with their name
then
they should able to receive education loans for their children.
Additionally
,
people
who have their own homes will arrange functions without any disturbance from others. In conclusion, it is a good thought to have your own house in
this
era. It has so benefits for
people
in future life.
Although
at
first,
they become costly, in the end, it is a valuable property for them.
Submitted by writing7 on

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