In some countries, owning a home rather than renting one is very important for people
In some nations,
people
think it is very important to be a homeowner rather than a renter. I believe the primary cause of this
phenomenon is that becoming a homeowner changes how a person
's financial status is evaluated by others. However
, it should be seen as a negative situation for homeowners since they may become less happy as a result
of mortgage loans.
Owning a home
means a higher perceived financial status. Nowadays, house prices are extremely high, which means a home
is not something someone in the lower middle class or working class can afford to buy. That is
to say, if a person
owns a home
, others will think that this
person
has a high paying job and is doing very well financially. For example
, in China, many women will only consider marrying men who own their own homes because they think these men have enough money to provide a comfortable family life.
However
, I think purchasing a house or an apartment can make a person
less happy. Many people
have borrowed hundreds of thousands of dollars from their bank to buy a home
. After paying their mortgage every month, they may not have much money left to spend on activities they enjoy, such
as visiting another city and dining in a nice restaurant.
In conclusion, the main reason why home
ownership is important for people
in some countries is that these people
think it can increase their perceived financial standing. Nevertheless
, it can lead to a decrease in happiness and as a ,
result is a negative situation for them.Remove the comma
apply
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