In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or negative development?
In some countries, several
people
would like to have their own place
rather than living
in a rental Wrong verb form
live
home
. This
tendency might be attributed to the country's economic situation, and I believe this
trend has benefits for its citizens.
Some countries suffer from inflation consequences and economic recession, and people
would believe that buying their own place
is highly beneficial for them. This
is to say, having a home
is considered to be a specious item and individual affluence. The condition of these areas, lead to nationals taking out a mortgage from banks and paying the instalments instead
of throwing out money for a rental house monthly. However
, In this
area, the cost of the rental home
frequently will change and people
are compelled to compromise with their landlord, giving rise to increasing the home
deposit and tenancy price otherwise
the tenant have to leave the home
. As a result
, people
are willing to own their living place
.
From my point of view, buying their own place
is a positive act. Firstly
, having a rental home
that means if people
could not reach a unanimous agreement, they are more likely to leave their current home
and find out another place
. This
act would not be a cost-effective approach because finding an affordable home
is time-consuming and people
sometimes need to change their workplace in order to become near to their new home
. Secondly
, rising inflation regularly causes a price growth in rental houses, and low-incoming people
would be unable to pay it off.
In conclusion, owning a home
is depended on the country's economic situation, and is a positive practice due to
the fact that folks could save money and provide themselves with a safe and convenient place
without bearing anxiety and stress about finding a new rental home
.Submitted by nazikhatamian on
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