/home is /home, the designated parent directory for the individual users’ home directories in a UNIX operating system. If /home is a mountpoint, then the volume mounted at /home must be a filesystem that supports UNIX/POSIX filesystem permissions and file ownership.
If you want to use a Microsoft-native filesystem such as ntfs, vfat or exfat, then this must be a filesystem that’s not required by the main system — /homeis required.