It is an ongoing debate that house ownership is crucial instead of a rented house for people. Ownership of a house is a need of people for a range of reasons, but I would argue that this is a negative situation because some difficulties are involved in obtaining personal homes.
Many people like to obtain their own house due to several advantages. People do not need to pay monthly rent if they have their own houses; they can invest their valuable amount in some other meaningful purposes like in education of their children they can secure their future by giving them a quality of education in a top-class institute. Moreover, if they have their own house, they can live freely. They can decorate it according to their own will; also, they can change its infrastructure according to an ongoing trend. In this way, they do not require to take permission from the house owner.
Despite all these benefits, my opinion is contradictory to this. In my opinion, it is a negative situation for some people because not all people are capable enough to buy their own homes. Building their own homes is very expensive, so not all people can afford it. But some people try to get one and want to achieve social status among their peer groups. They take loans which gives them stress for a long period because they have to pay back the loan no matter how.
In conclusion, although it is a lot of benefits to living in own homes, it is not good for low-income people, so I believe that rented houses are efficient for them instead of making one for themselves.
It is an ongoing debate that
house
ownership is crucial
instead
of a rented
house
for
people
. Ownership of a
house
is a need of
people
for a range of reasons,
but
I would argue that this is a
negative
situation
because
some
difficulties
are involved
in obtaining personal homes.
Many
people
like to obtain their
own
house
due to several advantages.
People
do not need to pay monthly rent if they have their
own
houses
; they can invest their valuable amount in
some
other meaningful purposes like in education of their children they can secure their future by giving them a quality of education in a top-
class
institute.
Moreover
, if they have their
own
house
, they can
live
freely
. They can decorate it according to their
own
will;
also
, they can
change
its infrastructure according to an ongoing trend. In this way, they do not require
to take
permission from the
house
owner.
Despite all these benefits, my opinion is contradictory to this. In my opinion, it is a
negative
situation for
some
people
because
not all
people
are capable
enough
to
buy
their
own
homes. Building their
own
homes is
very
expensive,
so
not all
people
can afford it.
But
some
people
try to
get
one and want to achieve social status among their peer groups. They take loans which gives them
stress
for a long period
because
they
have to
pay back the loan no matter how.
In conclusion
, although it is
a lot of
benefits to living in
own
homes, it is not
good
for low-income
people
,
so
I believe that rented
houses
are efficient for them
instead
of making one for themselves.