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

It is a

belived

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belief

by

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people

in some countries that it is more essential to have a

house

of your own than to live in a rented

house

,owing to their cultural

belief

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beliefs

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.

However

, it could pose challenges to the young generation as buying a

property

nowadays is

increasing

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increasingly

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in

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apply

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difficulties

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difficult

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due to

the rise in population, and it will

also

affect the environment negatively. In the eyes of some, owning a

house

means settling down and having a successful life. It

has

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is

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rooted down to the cultures as a condition for marriage, especially for men. Many

people

from Asian countries,

for example

,

working

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work

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hard and

saving

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save

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for their entire lives to own a

house

, in order to get married. In fact, there is a survey in China revealing that 30

percent

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per cent

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of the population could not find a partner as they do not have a

house

under their names.

Furthermore

, many

people

deem having a

property

asset as a

mean

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means

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of financial safety, as

prices

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the prices

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of those

building

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buildings

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will be expected to keep increasing.

This

mindset,

on the other hand

, puts the young generation under great pressure, as there are limited land resources

while

the number of demands keeps increasing.

For instance

, in

metropolis

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a metropolis

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such

as Beijing or Hong Kong,

property

prices have

been

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apply

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doubled since the

last

decade, making it

imposssible

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impossible

for

young

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the young

a young

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individual

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individuals

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to find affordable options.

Moreover

, the demands of having a

house

also

exhaust the environment by reducing the available

lands

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land

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further

, which means more woodlands will be cleared and replaced by new residential units. Indeed, big cities like New York or Ho Chi Minh

city

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City

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witness

the

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a

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significant decline in green spaces in replace of new houses, raising an alarm and posing threats of

worsen

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worsening

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air pollution and climate change. In conclusion, various cultures deem having a

house

as mandatory for marriage, and it

also

means financial

stable

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stability

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. Yet, the pressure of

owing

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owning

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housing units stresses

on

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apply

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the environment and pushes the cost of

property

insanely high for young

people

to afford.