please explain well!

1. Why do people purchase a home? 2. Is the home likely to be a good investment? Explain. 3. What are the significant characteristics of a mortgage? 4. Why is the home often a better investment than renting? Under what circumstances would renting be preferred? 5. Why is a home a good inflation hedge? Should a home be included as an asset if its occupants aren't sure they could sell it? Explain