in some countries, owning a home rather than renting one is very important for people why might this be the case? do you thing this is a positive or negative situation?

Home is a basic essential thing in life, it is argued by some
people
that having a
house
or flat is really paramount because it is safer and more comfortable for the owner compared to renting it in several countries. I personally believe
this
is a positive trend and I will elaborate on
this
essay. In ,general there are two essential reasons why Individual need to have a
house
to dwell in.
To begin
with, having a
house
or flat make
people
feel safer
due to
they do not fear being shifted to another place
as well as
can stay for a long duration. To illustrate,
people
feel secure living on their own property and they are not worried to be moved or the
rent
duration being terminated by the landlord. Another reason is they feel convenient and comfortable living in their own
house
because they can install everything in the
house
.
For instance
, they are able to install PV modules on the roof to make the energy more renewable or it is okay if they want to decorate the colour of the wall or wallpaper since they are the owner.
On the other hand
,
although
they should provide a huge capital cost to purchase the property, it is a positive development by having a
house
in the long run.
Firstly
, the inflation rate is being increased year by year
thus
once we have sufficient money to purchase a property we are not necessary to be worried in the forthcoming years when we have financial problems compared to if we
rent
it.
Secondly
, it could be a good infestation in the long run whether the owner wants to
rent
it or would to sell it again.
Therefore
, it has more benefits rather than
rent
it. In conclusion,
although
having a personal
house
is an expensive task.
However
, in my opinion,
people
ought to buy their own residency because it has many good points
along with
feeling satisfied.
Submitted by darmasamuelhutajulu on

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Topic Vocabulary:
  • ownership
  • renting
  • importance
  • sense of security
  • stability
  • financial investment
  • asset
  • customize
  • decorate
  • belonging
  • community
  • potential
  • future generations
  • long-term
  • cost advantage
  • control
  • living space
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