Why we need to own the house?

Here is what I think after owning the house for 10 years.

1. The home make us proud. If you own the car you take care and drive better than rent one. Just like that, house is you will keep more clean and organized than you live in apartment. You like to go to home. When you are in the house you fill pride and ownership.

2. Children has more space to explore and do the other thing which is hard in apartment. They love hiding in the closet, playing in the backyard. You raise better children in house than in apartment. The mentality of the children changed in unnoticed way. After all, its all about thinking.

3. You spend more time with family than you were in apartment, in apartment you do nothing, watch tv and that it, in your own house you fix something, spend time on it, learn lot of thing, have party, stuff like that. You always been busy thinking what to do? Where to put the stuff? How would we organize? How to decorate?

4. You have a little status in the society of owning the house. People look you with a different angle. It does not really matter but this think help sometimes. Your lifestyle is better.

5. Home ownership enforces financial discipline, something people may not have. So if you are not good at investing buying house absolutely make sense. The whole idea is you pay more earlier and pay way below later. It take very long view, as it is life long investment.

Even though, some of the bill is higher than in apartment, this is one way to become wealthy. Every millionaire bought their first house earlier in the life.