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

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is more relevant than renting one. In my opinion,

this

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is a negative mindset to have and owning a

house

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

house

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

house

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

house

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.

For instance

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

house

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

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prefer to save their money for fun activities like travelling.

Thus

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, having a

house

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is not a prime concern for the newer generation.

Secondly

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, renting a

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is more efficient. We can see how buying a

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means that we

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

For example

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when having a

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

while

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for

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

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will be easier to manage.

To conclude

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, I strongly believe that owning a

house

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is more necessary than renting a

house

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because it is more beneficial and efficient.