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A house is something that fulfills your direct needs, unlike S&P500. You 'miss the opportunity' in exhcange for feeling safe about your future, which leads to m
by klntsky 1y ago
A house is something that fulfills your direct needs, unlike S&P500. You 'miss the opportunity' in exhcange for feeling safe about your future, which leads to more rational choices long term.
- bluecalm 1y agoOr less rational like tying yourself to a place, missing opportunities in professional and personal life or opportunities to experience a different life. Buying early in life is in my view almost always wrong.