Homeownership brings intangible benefits. They include a sense of stability, belonging to a community, and pride of ownership, along with the tangible ones of tax deductions and equity. It's an investment in your future.
Tiny Homes on wheels (THOW’s)
Recent government decisions in New Zealand have declared THOW’s are not homes, but in fact vehicles. As such it's unlikely to qualify for a home loan through a bank. Also, vehicles unlike houses depreciate over time, which makes them extremely poor investments. Some people complain there is no connection with the earth being on rubber wheels, unlike a house foundation.
On the other hand Genuine Tiny Homes are real homes, built on foundations, built to last and built to higher standards than the current NZ building code, making them a fantastic investment.