Your Answer ▼ It is true that people consider owning a home very important rather than renting one in some countries. To analyse this issue, it is important to discuss about why might this be the case and whether it is a positive or negative situation before making a decision. First of all, the situation like above stem from the skyrocketing price of home. For example, in Korea the price of house in Seoul, the capital of Korea, doubled than 5 years ago. So, individuals who had bought home earned the considerable money while humans who had rented one didn't, resulting in making a social thought that getting a own home rather than renting one is significant. There is disagreement concerning whether this is a positive or negative situation. Some people have a assertive thought that this is positive situation. This is because humans can earn much more money by purchasing a home than by working. To be detailed, Korean who owned a home in Seoul could earn more than one-million dollars. Thus, they argue that this is a positive situation. However, I strongly agree with the opinion that this is a negative situation. Because of soaring price of home, youths frustrated that they might not be able to get home with their income. Some people even have to move to places remote to city as renting price increased along with the own price of it. As a result, the situation that owning a home rather than renting one is significant for people, which is caused by high price of house, is negative because it makes poor people frustrated. |