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?
Nowadays, in a number of countries,
people
are willing to buy a house
as opposed to renting it. In my opinion, economic instability and governmental advertisements contribute to this
situation. I am also
convinced that homeowners are more likely to benefit from privacy and economic success. Therefore
, the benefits of purchasing a house
override its drawbacks.
From my perspective, in some developing countries which face economic recession and high levels of inflation, citizens are compelled to buy a house
. This
may provide them with economic stability and prevent financial issues in the future. For example
, in Iran, the rent and price of properties are escalating alarmingly on a regular basis. Consequently
, if people
do not take steps towards owning a house
, they will never afford it. Moreover
, the interest rate of bank loans is increasingly going up and taking a loan can be challenging to some extent. On the other hand
, since housing is a primary source of revenue for governments, they encourage people
to purchase a house
as soon as possible.
I further
believe that owning a home is able to lift the burden from households’ shoulders. This
enables them to tackle other problems and experience economic prosperity. For instance
, they are likely to make ends meet and save money for their children’s education. Additionally
, homeowners are able to take full advantage of privacy and calm. This
may result in boosting the quality of life and health levels.
In conclusion, the economic stability and the policy of governments convince people
to buy a house
instead
of renting it. Also
, I opine that the economic prosperity and privacy which are associated with purchasing a house
turn it into a positive notion.Submitted by maryam.nutrition1988 on
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