The Absolute Insanity of Not Buying a Home When You're Young
www.riskology.co
If you’re young—under 40 or so—and have been heeding the personal finance advice spewing forth from some of the most popular columnists and bloggers over the last few years about how owning a home doesn’t make financial sense anymore, I’m afraid you’ve been duped. Buying a house—especially when you’re younger—is still an incredibly smart financial […]

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?

  • NecroMemories@beehaw.org
    2·
    10 months ago

    Governments should set a standard house price for new buyers and cover the difference. Each generation pays the same relative amount as previous generations, and capital gains / land value tax claws back money from people that take the piss and over-value their houses to take advantage of this scheme.