This is such weird reasoning. When you're young and throwing parties where you're implicitly inviting a whole lot of people who you don't know, they will be bringing random chaos and you want to appear judgement proof and have it be someone else's property getting accelerated wear and tear. By the time you own a house with a yard, you're only inviting people you already know, with maybe one layer of transitive trust. Perhaps this focus on owning a house as the first step to doing anything points to the real problem though?