Why people choose to own a house rather than rent one?
Why people choose to own a house rather than rent one? XnWmA
In this day and age, with the development of the economy, we observe an increase in people’s incomes. It provides people more chances to buy their own house. Many people in some countries believe that the value of owning a home is higher than renting one. This essay will analyze the reasons for this case and whether this is beneficial or not.
There are a few reasons why people want to have their own home rather than rent one. Firstly, owning a house provides people stability while renting a house is temporary. Secondly, in some countries such as China, a person is qualified to get married only when he or she owns a house. Therefore, that can be the way to boost people, especially young people, to work harder. Moreover, people who have their own houses do not need to pay rent. Therefore they can save money and use that money for other purposes. Finally, people would have more freedom and privacy to decorate houses base on their preferences.
On the other hand, there are many drawbacks. To begin with, buying a house sometimes is unaffordable for some people, especially young people who have just graduated. For example, in Ha Noi, a house costs more than 7 billion VND, and an apartment can cost around 2 billion, however, the average income of young graduates is only 5 million VND per month. Another disadvantage is that when people buy a house, they would turn down some opportunities to work in other regions. Moreover, those who are irresponsible and lazy do not clean or take care of their house well. Therefore, their house would become a mess and they may not want to return home after work.
In conclusion, due to all the disadvantages mentioned above, those who intend to buy houses should consider carefully whether they can afford and be responsible enough to own houses.
In this day and age, with the development of the economy, we observe an increase in
people’s
incomes. It provides
people
more chances to
buy
their
own
house
.
Many
people
in
some
countries believe that the value of owning a home is higher than renting one. This essay will analyze the reasons for this case and whether this is beneficial or not.
There are a few reasons why
people
want to have their
own
home
rather
than rent one.
Firstly
, owning a
house
provides
people
stability while renting a
house
is temporary.
Secondly
, in
some
countries such as China, a person
is qualified
to
get
married
only
when he or she
owns
a
house
.
Therefore
, that can be the way to boost
people
,
especially
young
people
, to work harder.
Moreover
,
people
who
have their
own
houses
do not need to pay rent.
Therefore
they can save money and
use
that money for other purposes.
Finally
,
people
would have more freedom and privacy to decorate
houses
base on their preferences.
On the other hand
, there are
many
drawbacks. To
begin
with, buying a
house
sometimes
is unaffordable for
some
people
,
especially
young
people
who
have
just
graduated.
For example
, in Ha
Noi
, a
house
costs more than 7 billion VND, and an apartment can cost around 2 billion,
however
, the average income of young graduates is
only
5 million VND per month. Another disadvantage is that when
people
buy
a
house
, they would turn down
some
opportunities to work in other regions.
Moreover
, those
who
are irresponsible and lazy do not clean or take care of their
house
well.
Therefore
, their
house
would become a
mess and
they may not want to return home after work.
In conclusion
, due to all the disadvantages mentioned above, those
who
intend to
buy
houses
should consider
carefully
whether they can afford and be responsible
enough
to
own
houses
.