this post was submitted on 20 Sep 2023
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If you don't have the means to buy a house now but have the means to buy another type of property that will allow you to buy a house at a later date, why would you continue living in an apartment where you're already living next to a bunch of people instead of just becoming an owner of something equivalent that you can sell at a later date to get most (if not all) of your money back?
Nothing in my message is about my friends not being worthy of ownership, it's about them wanting to go from nothing to everything in one step and not being willing to compromise in the meantime since they can't afford to make the leap.
Do people expect to start their first job out of school as a manager or they expect to have to go up the ladder and learn their trade first? Why wouldn't they expect that their first property won't be their dream house?
Otherwise people can live somewhere far enough that they can buy their dream house for cheap as a first purchase and they deal with the other compromise, which is that professional opportunities are scarce and services are far.