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 a negative situation?

Housing has been the most essential aspect of an individual’s life. Citizens of certain countries prefer to

purchase

a

house

rather than renting it.

This

essay will discuss why they opt for their residence, and it provides evidence

why

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of why

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it is a favourable situation. The reason to prioritise owning a

house

instead

of renting one is the alteration one can

do

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make

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within it. The liberty of constructing the type of

house

you want is possible when you have the authority of the

house

.

Moreover

, owning your own

home

gives you the leverage of maintaining the plot

by

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on

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your own.

For example

, a person who lives in a rented

house

does not have the right to make a change to the already constructed one. The positive attribute of buying a

house

is the financial benefit it will provide.

Instead

of wasting their money and paying for a rented

house

, they will plan to

purchase

it and add it to their assets. Not only

this

will save them a lot of money, but they will

also

get a good return if they want to sell it.

For instance

, housing societies are a great place to

purchase

a

house

because they give you an instalment plan to feasibly afford a

home

for living and utilise the perks. Owning a

home

can be considered a favourable situation.

To conclude

, for some people, it is better to

purchase

their

home

so that they can build it how they want it to be and can take

the

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apply

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advantage of saving money.