Having an own property is much more important than renting in some nations. While there are several factors that caused this situation, and I believe that this is a positive trend.
There are three main reasons that caused people to prefer to have their own house. Firstly, having an own property is a symbol of social status. Especially in some Asian countries, people consider having a home the most significant symbol of wealth and success. If people did not have their own house, others would not believe that he/she is a successful person. Secondly, some people think that having their own house is a prerequisite for getting married. It is because that having an own house is fundamental to build a family. Finally, without having their own property, most people always feel like lack a sense of belongings, even if they can rent a place to stay. The house owner may terminate the lease agreement and ask them to move out at any time.
Although having an own property requires a lot of money, I think this is a positive trend. This would encourage young people to fight for their future. They will make a lot of effort to achieve this goal, thereby boosting the local economy. People have to pay taxes for purchasing a property, and housing developers have to build more houses to cope with the demands. Not only can it increase construction sector’s income, but also helps to raise a country’s fiscal revenue, therefore governments have more funds to allocate to different essential sectors, including schools, health care and public transport systems.
In conclusion, there are many reasons to push people to buy their own properties in some areas. From a long-term perspective, this trend will bring more benefits.
Having
an
own
property
is much more
important
than renting in
some
nations. While there are several factors that caused this situation, and I believe that this is a
positive
trend.
There are three main reasons that caused
people
to prefer to have their
own
house
.
Firstly
,
having
an
own
property
is a symbol of social status.
Especially
in
some
Asian countries,
people
consider
having
a home the most significant symbol of wealth and success. If
people
did not have their
own
house
, others would not believe that he/she is a successful person.
Secondly
,
some
people
think
that
having
their
own
house
is a prerequisite for getting married. It is
because
that
having
an
own
house
is fundamental to build a family.
Finally
, without
having
their
own
property
, most
people
always feel like lack a sense of belongings, even if they can rent a place to stay. The
house
owner may terminate the lease agreement and ask them to
move
out at any time.
Although
having
an
own
property
requires
a lot of
money, I
think
this is a
positive
trend. This would encourage young
people
to fight for their future. They will
make
a lot of
effort to achieve this goal, thereby boosting the local economy.
People
have to
pay taxes for purchasing a
property
, and housing developers
have to
build more
houses
to cope with the demands. Not
only
can it increase construction sector’s income,
but
also
helps
to raise a country’s fiscal revenue,
therefore
governments
have more funds to allocate to
different
essential sectors, including schools, health care and public transport systems.
In conclusion
, there are
many
reasons to push
people
to
buy
their
own
properties
in
some
areas. From a long-term perspective, this trend will bring more benefits.