~snip~
It would really be just that depending into someones approach or wish in life. Who wouldnt be wanting on having their own house? Even myself had been long time on wanting up a house
but i cant really just that able to sustain on paying up that mortgage on which it do usually last 20-30 years contract and this is something that i cant be able to confident assure myself that i could finish it of.
If we do really tend to make out some calculations then we could be able to save up on paying up some rent even for the rest of our lives and basing up on what you have elaborated about getting kicked or lost up that rental house then in todays availability of such rental houses then there's no worries about getting one but of course prices would vary or the rate on which it will really be giving out some hindrance.
In regarding about in torn between investment or making a house then it would really be just that according into your own preference and risks taking. Some people are really that risks takers on which they do have planned on establishing themselves on dealing up with some business or investment before they would be planning on creating their own house on which this one isnt really that a bad idea either. It is really just
that only a few who would really be considerate on taking up such step just because they cant be able to bare up with the risks involved.
Yeah, I guess it also depends on the country that you are living.
Some countries have a huge home ownership like China, at 96%, whereas Nigeria is at 25%.
Here's the data:
https://en.wikipedia.org/wiki/List_of_countries_by_home_ownership_rateI think it's important to quantify also the amounts involved, because it might be extremely expensive and therefore you would be pretty much in the same situation as renting.