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It is often said that having their own’s home in some countries compared to renting one is crucial. There are several reasons behind this phenomenon, but I believe that the changes can be seen as a progress.
To begin with, there are some underlying reasons why some people prefer to have their own home. First of all, recently, as surge in house prices due to lack of housing caused by population growth, more and more people are willing to own it although purchasing a home involves paying a large amount of money In addition to that, in order to avoid the long-term wear and tear of their home and the feeling that it is not a really their own home, these factors might lead to desire which people want to buy.
Despite some negative effects of purchasing home, I firmly believe that this trend is mainly positive. Firstly, in general, people who have their own’s home do not have to spend their money and time. In other words, rental fee which tenants have to pay monthly and the amount of time taken by transferring to another areas can be saved, which contribute to cost reduction and having a spare time. Moreover, since those who possess their home usually tend to stay in the area in a long time, they also do not have to go through a period to adapt their environment newly settled down.
In conclusion, even though possessing house may bring about some negative effects, it is clear that most impacts on those who try to have their own home will be beneficial. Hence, this trend is most likely to continue since people are aware of the importance of owning home.
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