Home ownership doesn't assist in establishing fiscal stability. It's a symptom of financial health, not a cause. At best, it's an affectation in the absence of

Home ownership doesn't assist in establishing fiscal stability. It's a symptom of financial health, not a cause. At best, it's an affectation in the absence of investment properties. Savings for the purpose of establishing flexibility and stability is more important. The fact that it happens to increase net worth is immaterial. Giving them a CD they couldn't touch would increase their net worth without improving their circumstances. You can't leap to telling people that buying a house is gambling. They won't understand it and they'll reject the statement out of hand because you didn't build them up to that conclusion. That's what my post was doing. You write/live/travel/socialize/eat/drive/ride/swim/bike/code/dream/learn/read/play for the journey, not for the pithy conclusion.