In some regions of the world people consider it crucial to own a dwelling rather than rent it. This must be primarily because such a property gives a sense of stability, both financial and psychological, but may also be due to social conventions. In my opinion, this situation is positive since owners take better care of their homes than renters, and without the need to pay rent or mortgage can devote their time and money to other useful activities.
First of all, people tend to prefer living in a house or apartment of their own because in this case they are not obliged to pay a large sum of money every month, be it for rent or mortgage. This, in its turn, lowers the chance of a lack of monetary resources and resulting debts, which consequently reduces the levels of stress. Therefore, real estate owners live more happily and sustain hope for a secure future. Another factor is that in many communities having a dwelling in their possession is regarded indispensable to any respectable person. That is to say that renters may be given a low social status and face discriminatory attitudes, such as being at a disadvantage while applying for a job.
Whichever reasons motivate people to buy their homes instead of renting, this tendency is surely positive due to the associated stability. When people own their homes, they are much more keen to keep them in the best condition possible because they do not tend to relocate often. So, they refurbish them regularly, install technologically advanced equipment, and look after their gardens and neighbourhoods. In addition, they can volunteer in their free time to help the community, or donate money to charity, because they do not need to work day and night and spend most of their money for their homes. All of this brings benefits not only to them personally but to the society as a whole.
In conclusion, people may find a number of motives to buy their homes, including stability and social pressure, and the fact that this happens increasingly often is undoubtedly positive as it leads to happier people living in better conditions.
In
some
regions of the world
people
consider it crucial to
own
a dwelling
rather
than rent it. This
must
be
primarily
because
such a property gives a sense of stability, both financial and psychological,
but
may
also
be due to social conventions. In my opinion, this situation is
positive
since owners take better care of their
homes
than renters, and without the need to pay rent or mortgage can devote their time and
money
to other useful activities.
First of all
,
people
tend to prefer living in a
house
or apartment of their
own
because
in this case
they are not obliged to pay a large sum of
money
every month, be it for rent or mortgage. This, in its turn, lowers the chance of a lack of monetary resources and resulting debts, which
consequently
reduces
the levels of
stress
.
Therefore
, real estate owners
live
more
happily
and sustain hope for a secure future. Another factor is that in
many
communities having a dwelling in their possession
is regarded
indispensable to any respectable person.
That is
to say that renters may be
given
a low social status and face discriminatory attitudes, such as being at a disadvantage while applying for a job.
Whichever reasons motivate
people
to
buy
their
homes
instead
of renting, this tendency is
surely
positive
due to the associated stability. When
people
own
their
homes
, they are much more keen to
keep
them in the best condition possible
because
they do not tend to relocate
often
.
So
, they refurbish them
regularly
, install
technologically
advanced equipment, and look after their gardens and
neighbourhoods
.
In addition
, they can volunteer in their free time to
help
the community, or donate
money
to charity,
because
they do not need to work day and night and spend most of their
money
for their
homes
. All of this brings benefits not
only
to them
personally
but
to the society as a whole.
In conclusion
,
people
may find a number of motives to
buy
their
homes
, including stability and social pressure, and the fact that this happens
increasingly
often
is
undoubtedly
positive
as it leads to happier
people
living in better conditions.