Depends a lot on career and how mobile you want to be. What do you do when your career is promising according to your diploma but there's a stubborn local econo

Depends a lot on career and how mobile you want to be. What do you do when your career is promising according to your diploma but there's a stubborn local economic downturn? Or when opportunity for making twice the money in a more interesting job opens up in a city far from where you are? If you're going to stay put no matter what, then sure. But otherwise, homeownership is a burden for job mobility. Being mobile allowed me to find a better job that requires about the same work but pays about 4x what I made in the city where I started. I saved too, and stock rose enough that I don't feel bad about not buying a box of bricks earlier.