Prompt: In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or negative development?

Whether people should possess a home or rent one still depending on each individual's using purpose. It is, however, pivotal to have their own ones in several countries. Ċ Firstly, owning a home brings us the feeling of stability, safety, and comfortable because has already been yours so you do not need to think of an accommodation to live in. Furthermore, we will have the whole entitle to decorate, modify all the household appliances. Last but not least, this is also a way to invest when they might pick a good site so that in case they wanted to leave, the value of the home sometimes could even raise up enormously. The thing is, we all know that it is a bit severe when we must have a far great deal of money in a certain time to afford that real estate. Ċ On the other hand, renting a house has some particular difficulties on the grounds that it is hard to find an absolutely satisfactory place. In addition, renters could have some difficulties in negotiating contracts with the landlord. The biggest advantage of this that is has a much lower price compared to the first option. However, to some people, for the features of their job, etc. they have to live not in a certain place so renting is also a good way to solve the living problems. Ċ To conclude, buying owning a home is more suitable for those who have financial capability and they need a permanent accommodation. In this case, it can be seen that a positive. Yet, it could change to negative when a person is out of budget to maintain paying the loan.