23
The Absolute Insanity of Not Buying a Home When You’re Young (www.riskology.co)
submitted 1 year ago* (last edited 1 year ago) by Recant@beehaw.org to c/finance@beehaw.org
36 comments fedilink hide all child comments

While buying a house is not a luxury everyone can afford, buying one instead of renting provides several key benefits that pay off in the long term.

What does everyone else think about buying when compared to renting?

you are viewing a single comment's thread
view the rest of the comments
[-] liv@beehaw.org 51 points 1 year ago

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!

[-] rgb3x3@beehaw.org 30 points 1 year ago

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.

[-] liv@beehaw.org 6 points 1 year ago

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.

load more comments (4 replies)
this post was submitted on 31 Aug 2023
23 points (100.0% liked)

Finance

2236 readers
1 users here now

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.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
gyrfalcon@beehaw.org
coldredlight@beehaw.org
remington@beehaw.org