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?

It is often argued that in certain countries having a

house

is more relevant than renting one. In my opinion,

this

is a negative mindset to have and owning a

house

should not be a top priority. First of all, I believe that the mindset of needing to own a

house

has to be erased. The price of housing has increased every year and it is harder for future generations to buy a

house

for themselves and so it is the least priority for them to think about owning a

house

.

For instance

, the younger generation prefers to invest their money in stocks rather than to buy a

house

because they think it will be more economically beneficial for their future and these days people

also

prefer to save their money for fun activities like travelling.

Thus

, having a

house

is not a prime concern for the newer generation.

Secondly

, renting a

house

is more efficient. We can see how buying a

house

means that we

also

need to pay more bills and we need to pay more attention to our money management.

For example

when having a

house

, the water, gas, and electricity bills have to be paid separately,

while

for

house

rent it usually already includes all the bills that need to be paid in one payment. That’s why renting a

house

will be easier to manage.

To conclude

, I strongly believe that owning a

house

is more necessary than renting a

house

because it is more beneficial and efficient.