In some countries, owning a home rather than renting one is very important for people

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In some nations,
people
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think it is very important to be a homeowner rather than a renter. I believe the primary cause of
this
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phenomenon is that becoming a homeowner changes how a
person
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's financial status is evaluated by others.
However
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, it should be seen as a negative situation for homeowners since they may become less happy
as a result
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of mortgage loans. Owning a
home
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means a higher perceived financial status. Nowadays, house prices are extremely high, which means a
home
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is not something someone in the lower middle class or working class can afford to buy.
That is
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to say, if a
person
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owns a
home
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, others will think that
this
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person
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has a high­ paying job and is doing very well financially.
For example
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, 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
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, I think purchasing a house or an apartment can make a
person
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less happy. Many
people
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have borrowed hundreds of thousands of dollars from their bank to buy a
home
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. After paying their mortgage every month, they may not have much money left to spend on activities they enjoy,
such
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as visiting another city and dining in a nice restaurant. In conclusion, the main reason why
home
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ownership is important for
people
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in some countries is that these
people
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think it can increase their perceived financial standing.
Nevertheless
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, it can lead to a decrease in happiness and as a
,
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apply
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result is a negative situation for them.
Submitted by jonahid.stu20ju on

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Your opinion

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...do you agree or disagree?...do you think...?...your opinion...?

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