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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It is a subject of many debates whether buying an accommodation is better or renting
one
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. In some societies, owning
one
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is considered more crucial because of saving
money
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for rainy days. The most apparent cause of
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statement is that owning a
house
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allows people to set aside
money
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for rainy days. As long as they spend their salaries on paying rent costs, there will be nothing left for them in case of emergencies
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as getting an ailment or having a car accident.
Therefore
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, they mostly prefer to purchase a
house
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to flee from unnecessary expenses in their lives.
While
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saving their income is the primary cause of choosing to own a
house
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rather than renting
one
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, it is widely accepted that
this
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situation is completely positive for them
due to
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some reasons;
one
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essential is the assurance of having a place for themselves to raise the children without any concern. In
this
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case, if they encounter a challenge in their life, they can overcome the expenses of that.
One
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further
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factor is renovation. They can confidentially redesign their rooms based on their taste,
for example
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, painting the walls and altering furniture all have costs
thus
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, they can afford them with the
money
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they set aside before. In conclusion, people prefer to buy a
house
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instead
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of renting
one
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in some countries because they might need their
money
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for other situations which are more vital. It is unanimously accepted that
this
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decision is beneficial for them since they can afford for redecorating, and get confident to raise the children in their private place.
Submitted by parianabiloo78 on

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Your opinion

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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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