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.

In several countries, people think it is very important to own a

home

rather than rent it. I firmly agree with the statement above, here

some

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are some

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positive sides

about

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of

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it. First of all, owning a

home

has become an asset of property since our great

grand parents

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grandparents

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live.

Hence

, as similar

as

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to

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the

land

, choosing

home

Correct article usage

a home

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as an asset means that its price will be always increased

than

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more than

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previous

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in previous

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years. There are two types of

home

ownerships

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ownership

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, you can only have the building or both

building

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the building

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and the

land

,

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apply

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when the building

constructed

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is constructed

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.

Moreover

, by owning

home

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a home

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as

an assets

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an asset

assets

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you will be guaranteed

by

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apply

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profit in the next 10 years. Based on the average economic property development, the benefit results between five or even 10 times,

depends

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depending

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on the development of infrastructures that happens around your

home

.

For example

, my neighbor who already sold 2 of their homes

receive

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received

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more than 15 times

profit

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the profit

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. He

buy

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bought

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the house in 1999 with only 3 million rupiahs.

Afterthat

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After that

he renovated it and

rent

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rented

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his house. In 2022 he sold it

with

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at

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the

Correct article usage

a

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price

more

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of more

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than 50 million rupiahs. On the one side, owning a

home

will act as a legacy towards our children. In the future,

by

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with

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the growing

of

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apply

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population, owning a

home

will be more difficult to conduct because there will be no more

land

available to be constructed. Most

of

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apply

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people in developed

country

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countries

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tend to have flats or apartments rather than

home

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homes

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because

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because of

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the lack of

land

.

However

, it does not matter

either

Correct word choice

whether

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you will own a

home

, flat, or apartment, as long as you are not

rent

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renting

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it. So you do not have to pay it monthly or annually. You can save your money to invest or buy

another assets

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another asset

other assets

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for your future family. In conclusion,

by

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with

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the growing

of

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apply

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economic

in

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apply

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infrastructure in developing or developed countries, I believe that owning a house will bring more benefits rather than renting it because you can add value to your assets and you can give it as a

lagacy

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legacy

to your children.