People buy a house for many reasons.
Although shelter and a secure centre for family life are perhaps the major reasons, economic reasons are also important. A house can be an investment or even, in some circumstances, a liability. For most Australians a house is certainly their greatest financial commitment and their most important asset. A house can also have a symbolic role in our society. Where you live and the house you live in can be used to indicate to the world your social position and values 1 .