In most jurisdictions, being an owner of a house instead of being a tenant in an apartment is significant for several people living in other parts of the world. Although in other states the minimum wage is very high, with lots of lucrative job opportunities which enables citizens to own a house instead of living in a rented block, yet that does not warrant society to frown at someones' decision of not owning a home. The paragraphs below will discuss the reason for citizens holding this view and the disadvantages for same.