In this study we try to explore the concept of “Home Ownership” in a holistic context. The main focus of the research is on “Home Ownership” and its relation with “the economy”. The research also analyzes many aspects of “Home Ownership” and tries to gauge its effect on “the overall functioning and development of the economy in the country”. Finally the research describes various factors which are responsible for “Home Ownership” and tries to describe the overall effect of “Home Ownership” on “the entire economy”.