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?

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Owning a home is considered more important than renting one in many countries. There are enormous reasons leading them
such
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as culture, personality, and economic benefits to
this
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phenomenon. Owning a
house
Use synonyms
can be good for financial investments. It means that, by holding a residence individuals not only make high profits but
also
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no
further
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worries are needed for renting fees. The price of estates is rising rapidly
due to
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global urbanization and more rural residents are preferring to live in city areas.
Therefore
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, by purchasing a
house
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more profit will be the result after selling it.
In addition
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, the impact of rental charges and landlord threats will be eliminated. So, better life conditions and satisfaction will be provided to the person's family.
Moreover
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, cultural and personal habits play a crucial role in
this
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occasion. In some countries,
such
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as Iran, owning a
house
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is a symbol of wealth.
This
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social view comes from Persian luxury-oriented cultural background and leads many Iranians to be householders
instead
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of tenants.
Additionally
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, some individuals may find
this
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a solution to decorate their
house
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by their personal interests. They argue that, by owning a
house
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, without any obstacle they can redesign the walls and floor coverings of their residence.
To conclude
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, people in many countries prefer to buy a home because of the value stability of their money, personal and cultural interests. In my opinion,
this
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is the right decision if they are having enough source to buy an accommodation rather than being a tenant.

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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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