well, home ownership is a path to great wealth....if and only if you can offset the cost of homeownership. What I really meant is that you should never purchase a home solely for your own consumption. If you are buying a home, make sure you rent out your unused spare rooms to generate income through Airbnb. Homeownership is one of the largest expense that hits your paycheck every month. One should always always always weigh the financial pros and cons between renting or buying a home.