I really like how E.M. Foster in his essay "My Wood" explains the most important psychological effects that involves being a property owner. These effects include the lose of autonomy, greediness, pretentiousness and selfishness. Definitely, this event can change everyone's life in a positive and negative way. However, I believe that every individual who acquire any possession must manage it with prudence, humility and simplicity. Owning properties do not make you better or more powerful than others. As a result, it is important to keep in mind that you know where you are now, but you never know where you will be tomorrow. Being modest and simple is the key to success.
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