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

In modern days, many people believe that buying an accommodation is more optimal than renting

one

.

This

essay will express the opinion of

this

writer that buying a

place

to settle down is better because of financial issues and the limitation of accessibility. It is vital to understand that buying your own

place

could financially benefit you

instead

of renting

one

.What I mean is once you buy a

home

that means you own real estate , and that

home

would become your property as you know real estate can grow very rapidly and after time your

home

will be worth much more than the value when you buy it.

Otherwise

, renting your living

place

could affect your money.

Due to

the fact that you have to worry about your

rent

payment every month and it will take away a percentage of your income, it is obvious that owning a

home

and not having to pay

rent

will allow you to live more comfortably and you will be able to use all your money to do everything you like.

Therefore

, there are multiple financial reasons against renting an accommodation

such

as

rent

will be a part of your monthly income and owning a property could benefit you later on. Another key component of the case for buying a living

place

is that you will get access to everything in your

house

and can do everything in your favour.Indeed, if you own your

place

you can customize it by your own idea .

For example

, you can hire a designer to embellish your

home

, make it as pretty as you wish and you now have a

home

that will satisfy you and it

also

shows your own characteristic.

While

renting accommodation will have some restrictions and you can not get full access to your

house

. If you want to make some changes in your

house

, it will not be able as it might be included in the rental contract and the landowner would not be happy with that.It would be self-evident that buying your

home

would be more convenient in terms of personalization as you can not do everything with your rented

house

. In conclusion, it can be seen that owning your

home

is better because it would be your property and its value can rise over time ,

also

renting

one

will not benefit you economically.

Moreover

, there are reasons for limitations for the personalization of your

home

when you decided to

rent

it but buying

one

just solves your problem .