We all wonder sometimes—Is it really worth spending a huge amount of money to buy a home in the city? Why do so many people insist on owning a house?
If you’re curious or even skeptical, we’re here to explore five solid reasons that might just change your mind. Let's dive in together and discover why buying a home is more than just a purchase—it’s about building a life.
The First Reason: A Better Place to Live
We all have a natural desire to improve where we live. Think about it: people tend to move from smaller, less convenient places to bigger and better locations. It’s common to start from a rural house, then move to a small town, then to a city, and eventually to bigger cities. Our homes often reflect this progress.
For many of us, owning a one-bedroom apartment is just the beginning. Then we aim for two bedrooms, and later three, maybe even a garden house or a townhouse. Eventually, some people dream of a single-family home. The trend doesn’t stop there — some want a second home, even a third, spread out in different cities. It’s a natural growth pattern, just like how after a few years of work, we hope to earn more and enjoy a better lifestyle.
The Second Reason: Holding Value Over Time
When it comes to value, houses have generally been a strong investment. Since homes officially started selling on the market, their prices have mostly gone up over the past 20 years. Even when prices dipped slightly in some years, the next rise always made up for it and went higher.
Looking back over the last 100 years, the property market in almost every country shows a clear upward trend. Why? Because as the world advances and inflation continues, house prices tend to keep climbing. For example, houses in the 1990s now cost over ten times as much. This shows owning property isn’t just about having a place to live—it can be a smart way to preserve and grow your wealth.
The Third Reason: Symbol of Status and Identity
Across the globe, property often stands as a symbol of who we are and our social status. Especially for those with luxury homes, people often admire and talk about them.
When we were younger, renting was normal for many of us. But when we learned that our boss lived in a high-end neighborhood, we couldn’t help but feel a bit impressed and maybe even envious. Meanwhile, some of our coworkers lived in older, less fancy areas, and this sometimes affected how people treated or talked to them.
Owning a nice home can open doors socially, changing how others see us and how comfortable we feel about our place in society.
The Fourth Reason: Education and Future for Our Children
This is a major factor, especially for families in rural areas. Many parents spend tens or even hundreds of thousands to buy homes in towns or cities because they want their children to have a better start in life.
In some villages, local schools have merged with town schools because of declining rural populations. The village schools used to be crowded, but now fewer kids attend, showing how many families are moving to cities.
In the city, there’s something called “school district housing” — homes located in the catchment areas of top schools. These homes often cost twice as much as the average price. Even if these houses are old and need repairs, parents are willing to pay more because the education quality is so much better. Kids in these schools learn English, arts, music, and other special skills starting from first grade. Teachers are well-qualified, too.
By contrast, schools in suburban or less developed areas usually offer only the basics, and teachers often change because of lower pay. If you had the choice, which school would you want your child to attend? We think most of us would choose the better school.
The Fifth Reason: Social Pressure and Stability
Around seven or eight years ago, many joked online that rising home prices were driven by family expectations, especially from mothers-in-law. But there is some truth to this.
In many families, daughters are treated like princesses. Parents want their daughters to have a stable and safe home, so they encourage or even pressure their sons-in-law to buy a house. Meanwhile, men who have worked hard and gained some financial stability usually don’t want their wives and children to keep renting. Renting can feel unstable and uncertain—no one likes the constant worry of being asked to move out suddenly.
We’ve all experienced moving and the stress it brings. Once people have money, they want their parents to live comfortably, too, often buying homes for them. This kind of social expectation helps drive demand and push prices higher.
A Home Means More Than Just Four Walls
Owning a home brings us comfort, stability, and a sense of belonging that renting simply can’t match. It’s about creating a safe space for our families to grow, building a legacy for the next generation, and gaining a status that reflects our hard work. Beyond the practical side, a home offers peace of mind in an ever-changing world.
Lykkers, how do you see it now? Has your perspective on buying a home shifted after reading these points? We believe understanding these reasons helps us all appreciate why so many people make homeownership a top priority in their lives. It’s more than just property—it’s where our dreams take root and where our futures are built.