In some countries, owing a home rather than renting is very important. *why might this be the case *Do you think this is a positive or negative situation?

Buying a

home

is one of many dreams of an individual. In many countries, people work hard all their lives in order to have a

home

which they can call their own as they feel being a tenant is a difficult task.

While

renting a

property

, there is always a chance that the landlord can ask to vacate and

then

shifting to a new place becomes cumbersome. In my opinion, having a residential

property

is essential as it provides a sense of security and comfort. People today are working day and night to have a comfortable life for their families, and the

home

is believed to be an asset that helps individuals to live satisfying lives. When compared to renting, owning a house comes with many benefits

such

as there will always be a sense of security, and no one can ask to leave the

property

.

Additionally

, owners can design and decorate their houses the way they want without any restrictions. Most importantly, it can prove to be a great investment option as with time rates of properties are increasing rapidly.

Therefore

, owning a residential

property

has multiple benefits.

On the other hand

, renting can be highly stressful.

For instance

, in a rented apartment, tenants have to repeatedly take permission from the landlords before installing anything new like a wall painting and

also

, any maintenance activity has to be done under their supervision only. Even after paying a huge amount of rent, tenants have no official right and can be asked to move out anytime.

Hence

, renting is very hectic and overwhelming.

To conclude

, being an owner of residential land has many advantages over renting a

home

. People feel highly content and like a

king

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,king

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if they have their own dream homes.