23
The Absolute Insanity of Not Buying a Home When You’re Young
(www.riskology.co)
Economic and financial news from around the world, including cryptocurrency and blockchain.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
I'm in the 40% that can't afford it and am not going to be able to in my lifetime.
The absolute insanity of me!
Have you tried not being poor? Just let your financial advisor invest the $500k your parents left you in your trust fund so that you can make money on it. It's so easy.
Silly me, I see now what I'm doing wrong. I should have picked richer parents to be born to!
Instead I tried to stop being poor through hard work, only I picked the wrong body to be born into.
Thanks for your advice, but unfortunately none of it applies to me.
I live in a country with a housing shortage and low housing affordability (40k would not even get you an insulated caravan here) and as a seriously chronically ill person unable to earn a living, my income is just under 50% of what my income would be if I were on minimum wage.
Thanks, it's totally okay, and maybe your comment will help someone else in here who is in that situation.