In some countries, owning ba home rather than renting one is very important for people. why might be the case? do you think this is positive or negative?

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In some nations,
people
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place great significance on owning a home
instead
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of renting one.
It is clear that
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there are reasons behind
this
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perspective.
to
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To
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illustrate
this
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, economic inflation can be a reason that results in individuals' concern to preserve the value of their money, something that seems more likely to appear in developing countries. In
this
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essay, we will explore the positive and negative aspects of owning a
property
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and discuss how economic factors play a role in shaping
people
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's preferences in
this
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matter. On the positive side, owning a
property
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to live in gives
people
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the opportunity to design and decorate their own space in any way they wish.
This
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enhances the quality of their lives and
consequently
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brings them satisfaction.
Moreover
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, it increases
people
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's confidence,
reinforces
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and reinforces
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their sense of power and pride.
Furthermore
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, individuals can
also
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save their money in a secure way; it can serve as a secure method of investment, especially for those who cannot rely on other high-risk financial activities to save or grow their money.
Conversely
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,
this
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notion can have some drawbacks. Take an employee as an example: someone who insists on buying
property
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and has to take a loan to cover costs may experience difficulties in paying the mortgage back.
This
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can
consequently
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have negative effects on their quality of life under financial pressure.
Additionally
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, buying a
property
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may limit
people
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's job opportunities by creating restrictions on changing their place of residence, which might hinder their ability to pursue new career opportunities and lead to a sense of job isolation.
To sum up
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, the insistence on buying a house can put pressure on families, particularly those who cannot afford the costs.
Therefore
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, the decision to own a home
instead
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of renting one has both advantages and disadvantages.
This
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decision should be made based on individual preferences and priorities.
Submitted by mehrdad.salahi2003 on

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