Owning a property: a rational dreamÂ… and irrational desires

Photo Owning a property in France

More than 90% of French people would like to own a property. This is an irrepressible desire based primarily on rational factors: first of all owning your own property guarantees social status, a comfortable "home of your own" is also felt to be somewhere you can shelter the outside world, which can sometimes be rather a stressful place, parents want to hand an inheritance built upon a sound investment down to their children, and finally "why pay rent when you could be paying a mortgage?"

But there is also something irrational behind the desire to own your own property because, in a world in which fewer and fewer couples are getting married and are increasingly splitting up, and in which life expectancy is constantly on the increase, property is seen as the last tangible thing people can hang onto. At least, this is the theory developed by the psychiatrist Doctor Jacques-Antoine Malarewicz, in a study called "the irrational factors involved in the purchasing of property".