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Very few people can afford the house they want. Housing is viewed as an investment, not an expense. People generally buy the most house they can afford - but

Very few people can afford the house they want. Housing is viewed as an investment, not an expense. People generally buy the most house they can afford - but not the biggest avocado they can afford.

parineum 4y ago
"most" does a lot of work for you there. People buy house for a plethora of reason, walkability, school district, commute, safety, etc. and that's not even getting into anything about the actual house! square footage, back yard, front yard, garage, bathrooms, bedrooms, etc. People want the most of what they value but two different people with the exact amount of money to spend on a house would likely choose different houses that they both consider the "most". And if you give those people the same amount of money and tell them they must buy a house but they can keep any money they don't spend, they'd probably make a different choice, buying "less" house than the can afford. People generally buy the house that the like the most that also fits their needs/wants, same with avocados. Sometimes I buy them ripe because I want to eat them today, sometimes I buy want them for a few days in the future for a specific occasion but not more than I can use. Sometimes I just buy them because they're on sale and I like them.