I’ve never understood the push to get somebody into a home purchase when they cannot afford it. It’s more of an anchor if you’re not in a good stable work environment. Makes it hard to just pull up stakes and move on.
>>I’ve never understood the push to get somebody into a home purchase when they cannot afford it. It’s more of an anchor if you’re not in a good stable work environment. Makes it hard to just pull up stakes and move on.
That’s exactly why it’s pushed on people. A homeowner can’t change jobs as easily as a renter. He can’t decide that the politics in his city or state are too heinous to be tolerated anymore. Owning a house in the ‘burbs with the HOAs, covenants, restrictions, and rules almost mandates keeping up with the Joneses and teaches conformity.