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?

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In some states owning a
house
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is more important than hiring accommodation
this
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is because as a human one of the main things is to fulfil the basic requirements.
Such
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as hose, Food, Clothes and water.
On the other hand
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, renting is money-wasting.
Hence
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I believe
this
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was a constructive circumstance.
To begin
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with, Every mankind should fulfil fundamental needs
such
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as home.
Therefore
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folks should be the owners of the accommodation. can gain a plethora of benefits.
Moreover
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, people acquire houses after a lot of dedication, borrowing bank loans or selling valuable things but the returns are so exciting, and a lot of positive benefits
than
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to
show examples
renting a
house
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.
For instance
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, moving here and there from
house
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to
house
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is cost-affected and it has a psychological effect on the family and the kids. Because of, frequent changes in the environment and society make it difficult for children. Living own
house
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continue a lifetime in the same accommodation reduces the bad effects and gains positive effects.
Nonetheless
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, there are many plus points. Owning
house
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investment for the future.
For example
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, if rent a
house
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should pay a lot of money
such
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as a key money, or monthly rental.
However
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, owning a
house
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reduces
such
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overheads.
Moreover
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, not bound opportunity to renovate or modify the building without getting approvals and reducing stress and pressure on a family.
Furthermore
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, the Value of own
house
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will increase in the future it's some kind of investment.
To conclude
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, as the main and fundamental requirement having a
house
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is more beneficial than renting a
house
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there are many positive impacts.
Submitted by ME.lk on

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Topic Vocabulary:
  • ownership
  • renting
  • importance
  • sense of security
  • stability
  • financial investment
  • asset
  • customize
  • decorate
  • belonging
  • community
  • potential
  • future generations
  • long-term
  • cost advantage
  • control
  • living space
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