Some countries believe that to own a home is an asset. In my opinion, i agree with the notion because, when you own your home you automatically do not have to be making a monthly payment for a shelter. You can rather save that fund or divert the money for that payment for other necessities of life, such as a good education for yourself or a family. Moreso, houses can equally be a source of income when you rent it out, in parts or in its entirety, for others to live in. You can also use it as a collateral to acquire more assets eg buisness capital, machinery, lands, other houses etc from banks. Also, house prices can only appreciate and never depreciates. This means that whenever you decide to sell the house, you will only make gains on the capital used in buying your house. That not withstanding, you can pass down a house as an inheritance and it will continue to be an abode to your generations. Acquiring a house is a good buisness idea as it can become easier to acquire other hou...