Why might this be the case?
Do you think this is a positive or negative situation?

Residential accommodation is a critical aspect of modern society, as it addresses the fundamental need for shelter. The debate between renting an apartment and owning a house is a common discussion. In my personal view, owning a house has several positive impacts due to factors such as cost considerations and the symbolic importance of establishing a family. This essay will delve into these underlying reasons and present my perspective on the matter.

Cost is one of the most primary reasons. Specifically, renting a flat is not a sustainable long-term residential solution. First, apartment costs may fluctuate due to inflation, as some of landlords may escalate expenditures yearly or even monthly, which can have adverse impacts on those facing financial hardships. Second, when landlords decide to cease renting their properties, most tenants are left with no alternative but to leave. This not only results in additional expenditures but also requires a substantial amount of time devoted to the moving process.

Another major contributing factor is the symbolic importance of establishing a family. In certain regions, creating a family is deemed a crucial and pivotal stage in individualsโ€™ lives. The procession of a home signifies independence and maturity, demonstrating oneโ€™s ability to care for others, particularly for those intending to have kids. For instance, in Chinese traditional concept, some parents incline towards leaving real estate to their children because they typically consider their kids.

In my opinion, owning their house possession has positive impacts for two reasons. First and foremost, renting cost might be stable since everyone tend to have their houses. Second, purchasing a house is definitely a large amount of oneโ€™s expenditure and also a dream; therefore, youngsters may be more diligent and save more funds for the future.

In conclusion, the cost of renting and the desire to building a family are the two primary reasons for valuing owing a house. This can affect positively towards our renting market and attitude working hard. Each house is a testament to our commitment to a prosperous and meaningful life.