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 commonly seen on a worldwide scale that the possession of a permanent accommodation is more favourable among many individuals compared to a temporary one.
This
phenomenon is attributable to a host of reasons and I hold a belief that it is advantageous to both society and well-being. On the one hand, there is a compelling rationale for why an increasing number of people want to own a
house
. They believe that
this
type of accommodation is customizable because changes made by owners won't make any annoyance to neighbours . Unlike them, individuals having to pay monthly rent can't have those features in a comfortable way, as their personal adjustments for their current living place not only need to have host permissions.
Therefore
, the convenience of owning a
house
is becoming an appealing feature for many individuals. The favourable decision to own a
house
,
on the other hand
, provides potential advantages for purchasers , it can play a role as a multipurpose investment.
While
the cost of a
house
is increasing over the period
due to
the high demand for possessing stabilized living place, leading many people having low-income need to rent to maintain their daily lives, the owners of their
house
if they possess other properties, can utilize their accommodations to provide a place for people to rent.
Therefore
, not only do they earn a sustainable amount of money, those financial gains can be used to
further
investment. In conclusion, the demand for convenient customization is blamed for the importance of having a permanent accommodation. It is more beneficial for the
house
owners when its roles have more financial gain potential.
Submitted by nguyenmanhthi7111994 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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