> But rooting oneself in one labor market (vs. being mobile) decreases one's employment options and therefore their salary. True, but in most places outside t

> But rooting oneself in one labor market (vs. being mobile) decreases one's employment options and therefore their salary. True, but in most places outside the US (at least certainly in mainland Europe) moving great distances for a better job opportunity is unusual. The main appeal of owning real estate vs. renting is the long-term and intergenerational perspective. At some point it'll be paid off and the housing cost will be extremely low - and the children will inherit something of value.