In the present age, having accommodation has become a standard demand for people’s lives. It is argued that owning a home is more important for people than renting one. In my opinion, I believe that having a home is a natural human desire but it contains risks.
On the one hand, there are various compelling reasons why people in modern-day are likely to own a home. Firstly, in some countries, a house is an essential factor to build a family. Once a family owns their own home, their family will have a steady flatform for their life and they are able to follow their purpose without the fear of being homeless. Secondly, another reason is that the cost of accommodation increases over time. If they do not buy a house soon, they may rent for a whole life because of the massive price increase of the rental properties. In some cities, almost all residents are tenants and they can not afford a private house.
Nonetheless, home ownership is a negative trend as it forces unrealistic expectations on millions. Most people live in city apartments with rents and are not capable of buying a house. The pressure to buy one is likely to engender feelings of inadequacy and resentment towards the upper classes. Moreover, due to this pressure, wealthy people tend to buy more houses and lead to the growth of real estate. In recent years, citizens having medium income not only can not buy a home but are also facing higher rental payments. As a result, they save more money for purchasing a house and do not invest for their quality of life.
In conclusion, owning a home is innately desirable but in the end causes more harm than good due to the pressure it places on individuals. Many people have learned this lesson and home ownership may begin to decline in the future.
In the present age, having accommodation has become a standard demand for
people’s
lives
. It
is argued
that owning a home is more
important
for
people
than renting one. In my opinion, I believe that having a home is a natural human desire
but
it contains
risks
.
On the one hand, there are various compelling reasons why
people
in modern-day are likely to
own
a home.
Firstly
, in
some
countries, a
house
is an essential factor to build a family. Once a family
owns
their
own
home, their family will have a steady
flatform
for their
life and
they are able to follow their purpose without the fear of being homeless.
Secondly
, another reason is that the cost of accommodation increases over time. If they do not
buy
a
house
soon
, they may rent for a whole life
because
of the massive price increase of the rental properties. In
some
cities, almost all residents are
tenants and
they can not afford a private
house
.
Nonetheless, home ownership is a
negative
trend as it forces unrealistic expectations on millions. Most
people
live
in city apartments with rents and are not capable of buying a
house
. The pressure to
buy
one is likely to engender feelings of inadequacy and resentment towards the upper classes.
Moreover
, due to this pressure, wealthy
people
tend to
buy
more
houses
and lead to the growth of real estate. In recent years, citizens having medium income not
only
can not
buy
a home
but
are
also
facing higher rental payments.
As a result
, they save more money for purchasing a
house
and do not invest for their quality of life.
In conclusion
, owning a home is
innately
desirable
but
in the
end
causes more harm than
good
due to the pressure it places on individuals.
Many
people
have learned this lesson and home ownership may
begin
to decline in the future.