Many people hold the view that it is better to buy their home rather than rent it. Do tou agree with this statement or not ?

These days many
people
believe that owning a
home
is more advantageous than living on rent.
This
writer agrees with
this
statement and will explain why in the following essays.
People
owning a
home
do not have to worry about the landlord nor do they have to pay a monthly rent.
Hence
, they can modify their
home
according to
their needs and wants and feel secure in it. For many, the
home
is like
a
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heaven and so they spend quite a fortune on designing and decorating it. Some
people
,
on the other hand
, consider their
home
as an investment which they expect to appreciate in value in the future.
People
owning a
home
provides a sense of permanence and belonging. It allows
people
to put down roots in a community and become more invested in their surroundings.
Moreover
, owning a
home
can be a good investment. Over time, real estate tends to appreciate in value, meaning that homeowners can potentially make a profit if they sell their abodes later on.
For example
, during the housing market boom in the early 2000s, many
people
who owned homes in desirable locations saw their property values skyrocket. In short, the desire to own a
home
instead
of renting one is understandable given the benefits it offers.
Therefore
, I believe that owning a
home
is a positive development that should be encouraged.
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