Additional information:

When I created /home/cutecat with another user account.

bash-4.2$ ./python
Python 3.4.0b1 (default:7a668179d691, Dec  6 2013, 21:44:31) 
[GCC 4.7.2 20121109 (Red Hat 4.7.2-8)] on linux
Type "help", "copyright", "credits" or "license" for more information.
>>> 
Error in atexit._run_exitfuncs:
PermissionError: [Errno 13] Permission denied

Of course, so I change the ownership of /home/cutecat to cutecat. Then it works.

bash-4.2$ ./python
Python 3.4.0b1 (default:7a668179d691, Dec  6 2013, 21:44:31) 
[GCC 4.7.2 20121109 (Red Hat 4.7.2-8)] on linux
Type "help", "copyright", "credits" or "license" for more information.
>>> 
bash-4.2$

So what did it try to do in /home/cutecat?

[sky@localhost cpython]$ ls -la /home/cutecat/
total 8
drwxr-xr-x. 2 cutecat root    4096 Dec  6 21:50 .
drwxr-xr-x. 4 root    root    4096 Dec  6 21:50 ..
-rw-------. 1 cutecat cutecat    0 Dec  6 21:50 .python_history

So I leave to core Python developers to decide whether this ticket is valid or not.