This article and the "What your work truck says about you" article linked from it both miss an important point: taxes. Granted the author uses the example of To

This article and the "What your work truck says about you" article linked from it both miss an important point: taxes. Granted the author uses the example of Toronto, where I understand there isn't a mortgage interest tax deduction. In the United States though, that is the largest tax deduction available to John/Jane Doe and a significant incentive to buy a house in some tax brackets. With regard to the truck part - I guarantee more than one accountant has recommended their client buy a big truck as a tax offset. I appreciate the frugal advice offered in these posts, but they feel incomplete without the inclusion of tax implications into the discussion. (Disclaimer: I am not an accountant, seek professional advice.)