In today's era of the contemporary world, everything is materialistic.People like to own numerous things in their life.In a few countries,staying in own home is more significant rather than staying in rental houses.The following paragraphs will elucidate the reasons behind
this
notion and will Linking Words
also
elaborate on the opinion of whether it is a good or bad situation.
Linking Words
To begin
with the causes,the first and foremost reason is superiority in society.To illustrate,having a Linking Words
house
of their own is considered a symbol of status in front of Use synonyms
the
others.Correct article usage
apply
Moreover
,many individuals prefer to make a property investment and believe that in future, the investment will double.Linking Words
For example
,the latest survey in India indicates that the property rates have increased by 20% in the Linking Words
last
2 years which means if a person has bought a Linking Words
house
for 1 crore Use synonyms
then
now its price has increased to 1 crore 20 lacs.Linking Words
Furthermore
,people like to own places because they don't want to trouble their future Linking Words
generation
with hefty rental amounts that need to be paid monthly.
In my opinion,it is a positive development ,as having a Use synonyms
house
of their own will reduce the burden on the second Use synonyms
generation
of the family .They will not have pockets in the hole as they do not need to pay monthly amounts to the Use synonyms
house
owners.Use synonyms
Instead
,the younger Linking Words
generation
would use the same money to make their life more comfortable and might do cash reserves for emergencies.Use synonyms
For instance
,till the year 2022,my father used to pay 12,000 monthly to the Linking Words
house
owner but after purchasing our new Use synonyms
house
we didn't pay Use synonyms
additionally
my little brother did not need to take the tension off the Linking Words
house
for at least the next 60 years.
In conclusion,Status symbols,investment and a stable future for the next Use synonyms
generation
are the various reasons why folks like to own their home Use synonyms
instead
of staying in rental places.In my view,it is a positive development as it lowers the financial pressure on the younger Linking Words
generation
.Use synonyms
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