this post was submitted on 31 Aug 2023

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Finance

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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 to c/finance

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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?

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[–] rgb3x3 30 points 1 year ago (1 children)

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 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.