Every man and woman dreams of his or her own house from the time they grow up and realize its value and importance. Living in an own house is always a great advantage as it is something of their own self with no one to share with.
We can have the lighting and the décor at our own choice too. They have the full right and authority o do anything inside it, be it late night studies with friends, or partying till dawn no one has any objection as because they are doing that in their own house, without disturbing the neighbors. It is something that gives them the freedom to go out and come in whenever they want without raising any eyebrows.
Sharing a building makes us share its expenses too. Another thing is that we tend to feel alone and bored at times with no one to talk to, this does not happen when living in a flat with other people. We get someone or the other to talk to and most importantly for help in case of any emergency. A standalone house with a lawn in front and with good light in Canberra always looks best from outside. But it has both its pros and cons too which cannot be denied.
Living in own house is always of great advantage in many ways. People who do not have their own house or live in a rented house will realize the importance or real value of living in own house. It also acts as great investment and becomes a big asset for the future too, which can be rented out or sold in future in case of any emergency. There are hundreds of benefits of living in house of our own but there are few disadvantages also. Repair and maintenance of a house is never easy and the person living there has to bear the whole expense alone which can be tough at times. We never know what will go wrong at what time so have to be prepared always. If any big maintenance is required on an urgent basis, it becomes a big burden on the owner suddenly.
Knowing the factors well, still we all try our level best to own a house rather than staying on rent as the positive sides are much more. We feel proud in saying to the world, look, this is my house, my own. It also acts as a big investment which rips great profit on selling in case of any financial emergencies too.