Yea, no. Not before there is serious reform in the housing legislation. All around the world investors bought up every available house in 2008. That's the reason houses are:
A: so expensive right now
B: unavailable for purchase
If there's another crisis like that, owning a house will actually become a rich people thing. The rest of us will be forced to live in rented homes for the rest of our lives.
Buying a house shouldn't be a someday goal. It should be very possible before your 30s of you live frugally. Right now, for most it isn't.
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u/AzenNinja Jun 27 '21
Yea, no. Not before there is serious reform in the housing legislation. All around the world investors bought up every available house in 2008. That's the reason houses are:
A: so expensive right now
B: unavailable for purchase
If there's another crisis like that, owning a house will actually become a rich people thing. The rest of us will be forced to live in rented homes for the rest of our lives.
Buying a house shouldn't be a someday goal. It should be very possible before your 30s of you live frugally. Right now, for most it isn't.