James Altucher:
“I want to fill a bathtub with all the dollar bills I would’ve used as a downpayment on a house.
“I want to bathe in that bathtub. I’m going to do that later today in fact.”
Why buy a house?
Lets spell out very clearly why the myth of homeownership became religion in the United States. Its because corporations didn’t want their employees to have many job choices. So they encouraged them to own homes. So they can’t move away and get new jobs.
Job salaries is a function of supply and demand. If you can’t move, then your supply of jobs is low. You can’t argue the reverse, since new adults are always competing with you.