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 is a positive or negative situation? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

One of the most important things that refers to noticeable success in mostly third-world

countries

is having ownership of their accommodation.

Due to

the massive worldwide inflation and a striking rise in the costs of the real estate market, having ownership of your home has become a dream in some societies.There is a big controversy among most economic experts and people regarding the reasons for

this

inflation a.

Also

there is a public debate about the results of

this

pressure on

society

.

This

essay will evaluate

this

mindset with respect to the given topic and will find out the reasons behind

this

culture and its impacts on

society

. As

it

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can be seen, in some

countries

, like my country Iran, buying a residence has become a dream. These days most

countries

due to

financial crises during the pandemic of COVID-19 experience high inflations which is exemplified in their history.

In addition

,

besides

the inflations caused by the

,

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pandemic some

countries

like Iran had experienced high inflations before

as a result

of sanctions and bad economic strategies of their governments, and

this

pandemic has made the economic situation of

this

country worse.So owning a residence translates to a huge success in your life.

Also

, rent expenditures have become much higher than before. In these situations, you have to spend all of your revenue on your rent payments and nothing will left for you. So if you have so much money it will be much more convenient for you to buy an estate for yourself rather than renting one. In my Idea,

this

mindset has had a massive impact on

society

. The one and only goal of youngers will be saving money to pay their debts to the bank which they loan from it as a pressure of

society

to have ownership of a home.

This

will be like running in a wheel for them and the payments for the debts will be endless. Meanwhile, some of them will achieve their goal, but most of them will give up on that.

This

culture may put so much stress on

society

and make them give up on their dreams.

For instance

, so many people get loans for pursuing

this

specific goal and go into debt for it and in the end, they give up and try hard to forget it with drugs and many obsessive behaviours. In a nutshell,

however

, having

this

culture in a

society

can motivate people to try harder but it can

also

put so much pressure on the

society

and lead to some destructive behaviours.