In developing countries like India, accommodation is always a problem because of increasing population density. Many people like to live in their own homes rather in rented one because of comfort and security. In my opinion, financial capacity of person concludes that situation is positive or negative.
To embark with, the underlying reasons attributed to this ideology are two-fold. Primarily people owing a home neither need to worry about the landlords nor have worry to pay monthly rent. Hence, they can save money or use for more productive purpose which they would have to pay if they rent a home. Besides this, people consider home as most secure and safe place. As such, they like to decorate and lavish it with all amenities that directly contributes in terms of comfort. It has been proven many times that people live in self-owned homes are more happier than people living as tenants.
The question arise, Is this perspective negative or positive? I believe, it varies from person to person. For people who are affluent enough to buy own house or have few financial liabilities, their house is asset. Hence, buying house remains a positive situation for them. However, due to sophisticated budget, buy or construct own house is still a dream for many middle class or lower class families. For this they need to take loan at high interest rates. As a result, they have to pay interest and principal amount on monthly basis. Furthermore, the electricity and overhead costs get added to their everyday expense.
To conclude, I feel owing home is a pleasure experience if done within a budget; however, it could turn into negative situation when a person buys a home by getting a loan that is beyond their paying capacity. 
In  
developing countries
 like India, accommodation is always a problem  
because
 of increasing population density.  
Many
  people
 like to  
live
 in their  
own
  homes
  rather
 in rented one  
because
 of comfort and security. In my opinion, financial capacity of  
person
 concludes that situation is  
positive
 or  
negative
.
To embark with, the underlying reasons attributed to this ideology are two-fold.  
Primarily
  people
 owing a home neither need to worry about the landlords nor have worry to pay monthly rent.  
Hence
, they can save money or  
use
 for more productive purpose which they would  
have to
 pay if they rent a home.  
Besides
 this,  
people
 consider home as most secure and safe place. As such, they like to decorate and lavish it with all amenities that  
directly
 contributes in terms of comfort. It has  
been proven
  many
 times that  
people
  live
 in self- 
owned
  homes
 are  
more happier
 than  
people
 living as tenants.
The question arise, Is this perspective  
negative
 or  
positive
? I believe, it varies from  
person
 to  
person
. For  
people
 who are affluent  
enough
 to  
buy
  own
  house
 or have few financial liabilities, their  
house
 is asset.  
Hence
, buying  
house
 remains a  
positive
 situation for them.  
However
, due to sophisticated budget,  
buy
 or construct  
own
  house
 is  
still
 a dream for  
many
 middle  
class
 or lower  
class
 families. For this they need to take loan at high interest rates.  
As a result
, they  
have to
 pay interest and principal amount on monthly basis.  
Furthermore
, the electricity and overhead costs  
get
  added
 to their everyday expense. 
To conclude
, I feel owing home is a pleasure experience if done within a budget;  
however
, it could turn into  
negative
 situation when a  
person
  buys
 a home by getting a loan  
that is
 beyond their paying capacity.