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 situatio

It is a popular trend in some countries to possess a house, rather than being a renter.

This

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phenomenon has numerous important reasons.

Initially

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,

people

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consider

this

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ownership as a fruitful investment

,

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apply

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and can preserve the value of their money

this

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way. To exemplify, if you buy a small home in a newly built suburban area, the price will definitely rise,

due to

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the city’s developments;

hence

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it is a highly beneficial investing option.

Moreover

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, a vast majority of

people

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like to settle in one place, rather than moving every year to a new one and being under consistent pressure and stress to find a new residence and

managing

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manage

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the costs;

thus

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they will prefer to have their own home, to live there peacefully for a long time. Regarding my opinion, I contemplate

this

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trend as a positive situation. Primarily, the rising demand

of

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for

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buying homes

instead

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of leasing them

,

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apply

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can create a large number of new job opportunities for the

people

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who are involved in the process of construction;

such

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as

,

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apply

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architects, builders, and designers;

consequently

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not only the ratio of unemployment will drop but

also

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, the economy of the country will be boosted in various aspects.

Additionally

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, the value of citizen’s money will be preserved during

the

Correct article usage

apply

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economic catastrophes, like high inflation and depressions, because they have a valuable property

that its

Correct pronoun usage

whose

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price rises day by day;

thus

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, they will not be in financial hardship. In conclusion, I believe that some

people

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would rather

owning

Change the verb form

own

be owning

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a house,

instead

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of being a tenant;

Firstly

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, to have a wise investment in real estate, and

also

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to settle in a place for a long time rather than moving to a new place after a

while

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. It is

also

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noteworthy, that

this

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phenomenon can boost the country’s economic status and

also

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be a proper investing option for citizens,

specially

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especially

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, in

time

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times

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of financial difficulties.