In some countries, owning a home rather than renting one is very important for people. Why might be the case? Do you think this is a positive or negative situation.

#countries #home #people #case #situation

Nowadays, in some regions, sometimes it is thought that it is vital for

people

to have their own

home

rather than live in a rented

home

This

essay will provide reasons why it is important to live in own

home

and give my opinion about

this

situation in the upcoming paragraph.

Firstly

, I would like to mention why it is essential to have a

home

for

people

To begin

with,

people

who live in a rented house are paying money to the landlord every month. And still, they do have not their own

home

Instead

of that, if those are spending money to buy their

home

and giving monthly EMI to the bank.

Hence

, they have their own

home

Moreover

people

can build their homes with their own choices.

Secondly

, I think having their own

home

is a positive situation for folks. To commence with,

People

who registered their names in their homes have the benefits to show their property to the Income Tax department.

Therefore

, they might get some help in taking a loan for their family.

For example

, if

people

have their own house with their name

then

they should able to receive education loans for their children.

Additionally

people

who have their own homes will arrange functions without any disturbance from others. In conclusion, it is a good thought to have your own house in

this

era. It has so benefits for

people

in future life.

Although

first,

they become costly, in the end, it is a valuable property for them.

Submitted by writing7 on Thu Apr 13 2023

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