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

Nowadays, most people have a thought that the most important thing in their life is to have their own house rather than rent a house because they want to show that they are successful. However, it is not a good choice for everyone. It depends on your financial situation.

On the one hand, if you already have a job and you want to have a reason to try your best, buying a house is the good choice. For example, one person who starts a start-up and he or she wants to be rich, they have to have an object in mind and work hard. I believe when they can buy a house, they will be proud of this and feel successful. Or they worked very hard in the past and they saved an amount of money, they can buy a house to enjoy their life in the future with their family.

On the other hand, you are currently a student in the university. You do not have any ability to buy a house and you have to rent a house. Or although buying a house is the best motivation for a start-up, this is the bad decision to buy a house when you do not have much money. Maybe you will lend money and it is too terrible. People do not need to buy a house in the time when they are financially strapped and there is not any rule that people have to buy a house. People live once in their life and let's do anything that makes you happy. There are so many things in life more important than property and money.

In conclusion, people make buying a house for their family is a motivation, it is good. But it depends on who they are, what they are doing and their situation at this moment to choose the best choice for their life.