In some countries, owning a home rather than renting one is very important for people. why might this be a case? Do you think this is a positive or negative situation?

Accommodation has long been the topic of numerous debates. Many people argue that, in some countries, buying a place to live in can bring some advantages in comparison with being a tenant for years. Obviously, there are many factors behind

this

. In my opinion, setting up a new home is a significant action that can be

made

Verb problem

taken

show examples

by individuals. In the following essay, I will support my view with reasonable explanations and examples.

To begin

with, it is widely accepted the world's economy is transforming at a staggering pace.

This

means that

due to

inflation rates and financial problems, especially in developing countries, there is no guarantee that the prices will be kept at constant numbers in the near future.

For

this

reason, many people state that the most effective way to save your money is to invest it in the housing market.

For instance

, in Iran, the property market

deems

Wrong verb form

is deemed

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to be unstable during the year.

as a result

, people should seize the opportunity of purchasing a place in order to accommodate their family.

Furthermore

, another benefit of buying a new house has its roots in safety and peace of mind.

This

is because, family breadwinners, who did not own a place for themselves, have to sustain too much economic and mental strain since they are invariably at risk of leaving their living area if the landlord wants the house.

In other words

, they can settle and cease worrying about any unpredictable circumstances that might happen later. In

this

regard, the latest statistics, in London

for example

, demonstrated that the families who benefit from having their private house express more satisfaction and success not only in their personal relationships but

also

at their workplace.

To sum up

,

although

spending money, in general, quite seems to be a personal decision and family members should prioritize and decide what the most important things in their life are, I firmly believe that, because of the aforementioned merits, buying a residence could be considered the superior option in some countries.