In some countries, owning a home rather than renting one is very important for people. Why might be the case? Do you think this is a positive or negative situation?

For several people, possessing a

house

might be more essential than paying one to hire in a few nations. It is argued that having our own residential saves our income

instead

of spending some cash monthly to pay the rent. In my opinion,

this

is a positive development since owning a

house

is scarcely achieved by many people, especially millennials. It has been widely valued that owning a property always brings more benefits than merely renting it

due to

the reason for long-term ownership

hence

it will secure our money later. Even though buyers should provide initial payments to purchase the

house

and a credit system for the rest, the fact

that

Add a missing verb

is that

show examples

they will have the

house

at the end

of the day.

This

creates a feeling of relief since the money we spend does not go to waste.

Moreover

, if they are capable of purchasing it in cash, they will save their big budget compared to the credit method. In my personal view, possessing a property brings more benefits than renting it. It is evidently seen that the payment for a

house

rent indicates an increasing price year by year. The people should be reliant on spending their earnings more on housing than daily necessities.

This

mostly occurs in big cities where people’s salaries are almost half for the

house

renting.

Consequently

, they do not have many choices to be flexible in buying what they want.

Therefore

, they will not have enormous savings.

Furthermore

, in the future, the

house

price will be so high that hinders young generations from possibly owning a

house

.

Thus

, possessing properties now is a positive development. In conclusion, the owned residence is much more crucial than if it is rented

due to

the reasons of money savings. It

also

shows a benefit aspect related to the rarity of

house

ownership nowadays.