If people had money to purchase a house or a business, some people would buy a house, and some people would buy a business. However, if I am the one who have money, I would not hesitate to choose to buy a house. House is more stable than a business, and it is really hard to get even though it is a fundamental factor in human’s life.
Above all, business is a very unstable property. Thousands of people start a small business each year, hoping that their business would succeed. Most of those people end up being a debt ower. Business is way better than a house if it succeeds. However, failure would take all your properties, leaving you with immense amount of debt. House is not like that. Perhaps you would think that a house could be part of a reconstruction area. However, chances of that are much lower than failing in business, and even if our houses get included in the reconstruction area, at least we could get some amount of payment from the government. In this sense, buying a house is better because failure of business is very likely to ruin your life.
On top of that, many commoners cannot get their own house for their entire lives, even though no one can live without it. So what they do is to give the house owner immense amount of money, and live in that house for 3 ~ 5 years. After that time, money you gave out would be returned, and you have to worry about getting another house. I don’t know about other countries but in Korea it is this way. Korea doesn’t have monthly fee policy. Anyways, if you buy a house, you don’t have to worry about house for your lifetime unlike many other civilians. Isn’t this a perfect reason to choose to buy a house instead of a business?
In conclusion, I strongly believe that buying a house is a better choice than a business for the reasons I mentioned above. You don’t have to take risks, and you can get away from house problem which most people have.