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 a positive or negative situation?

Nowadays , World population and house marketing have clearly increased at least

by

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apply

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twofold

therefore

certain communities afford to buy or rent

according to

their income . The pros and cons of the above situation are debatable . First of all most governments encourage people to get a safe place for their families.

Therefore

they have brought up certain solutions throughout the years to facilitate purchasing properties

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For

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for example

GCC countries have provided citizens

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with mortgage

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mortgage

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mortgages

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, home financing ,

loan

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and loan

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facilities interconnected with different institutions on a low interest and easy process. People can pay less or the same amount to banks for their instalments . In turn , they would have an asset either to pass to their upcoming generations or just a good to sell whenever needed .

However

, depending on

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the country’

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country’

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country

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s

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's

economic crisis the price could be higher in certain areas .

For instance

, Paris real estate is very expensive being one of the largest megalopolis in Europe ,the capital of France and a touristic destination .

Hence

, people could purchase out of Paris where the cost is less and could get easy access towards the city for jobs

due to

efficient transport .

Moreover

is an alternative for those who want to rent they could try to get social housing for a low price ,

also

could pass it on if they wish .

To conclude

in my opinion acquiring a place to live for money is the best option these days owing multiple choices proposed by authorities. ‎<

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