In the Philippines, the regulation of guns is categorized as restrictive. Under this system, the person wishing to acquire a gun must provide the licensing authority an evidence for having a good character and a valid reason for acquiring it. This method tries to reduce gun violence by reducing the number of guns in circulation.
For me, keeping a gun at home is not a good idea. I know that it benefits individuals because it is a form of protection. But I believe that this poses a certain danger to some extent because there are greater chances for homicides and suicides. For instance, a simple fight is more likely to turn deadly because of the presence of the gun at home. It has somehow a psychological consequence. I guess one move to prevent these things to happen is to reduce the number of guns in circulation. Besides, if you are planning to have a gun at home, you have to store it in a safe place or a gun vault because there would be a great risk of having child injuries and death.