Why Do We Want to Buy a Home More When Prices Go Up? – The Hidden Psychology Behind Real Estate 😎
Hey there, it’s Alaris.
Let me ask you something honest today:
Why do we want a home so badly—especially when prices are going up?
Shouldn’t we step back when things get too expensive?
And yet, the more it costs... the more desperate we become.
Let’s unpack this strange, very human behavior together.
1. Economics Says One Thing, But Real Life Says Another 👪
Textbooks say this:
“When prices rise, demand should fall.”
But in real estate?
The opposite happens.
Prices rise → people rush in.
Why?
Because the housing market doesn’t just run on logic.
It runs on emotion.
Anxiety. Insecurity. Fear.
2. FOMO Is Driving the Market, Not Just Demand 🐰
This phrase might sound familiar:
“If I don’t buy now, I’ll never be able to.”
“Everyone else is buying… what if I get left behind?”
That’s not just demand.
That’s FOMO — Fear of Missing Out.
And in real estate, FOMO hits hard.
It feels like your whole life depends on this one purchase.
Your future, your worth, your safety net.
3. In Some Places, a Home Isn't Just a Place—It’s an Investment 🚩
Let’s be real:
A home should be a place to live.
But in countries like South Korea, and many big cities around the world,
it’s become something else:
An investment. A financial vehicle. A survival strategy.
People don’t ask,
“Can I see myself living here?”
They ask:
“Will this area go up in price next year?”
4. The More It Rises, The More People Chase It 💙
Here’s the irony:
When home prices rise,
people should be cautious.
But instead, they think:
“If it’s going up, it must be safe.”
So more buyers flood in.
The price goes up again.
It creates a cycle.
And eventually… it risks becoming a bubble.
A bubble built not on value,
but on hope, fear, and social pressure.
5. What We’re Really Buying Is Peace of Mind 🔍
Someone once said to me:
“It’s not the house I want—
it’s the security it promises.”
That stuck with me.
We don’t just want a roof over our heads.
We want to stop worrying.
We want something that makes us feel like we’re not falling behind.
That we’re safe. That we’re enough.
Alaris' Thoughts 😃
Buying a home isn't just about property.
It’s about belonging.
It’s about having one small piece of the world you can claim as yours.
But when we’re pushed to chase a dream that keeps getting further away,
it starts to feel less like a dream and more like survival.
If you’ve been feeling this pressure too—
just know:
You’re not alone.
We’re all just trying to find a little place to rest our hearts.
And maybe, just maybe… we’ll get there.