Right now, things are interesting. 30-40 years ago nobody would think that so many people would be single either because of divorce, or because of a planed life of remaining single due to movements such as MGTOW as it continues to grow.Robert77 wrote:Most folks i know who own property have to work their assess off to pay the monthly mortgage on their property, which means they are enslaved to 9 to 5 jobs and can't afford to explore the world and find themselves because well, they have to work.....
yes owning a house or property is great especially if you have wife and kids, but most of us in this forum are single nomads, we do not want to get married, get a 9 to 5 job and have two kids.... so is it even worth investing into property?
what are your plans as far as your golden years???
The problem is that our housing infustructure is mainly built around families. Even your average 3 bed 1 bath home built in the 20s was still built for a family of 4 so if you're single and plan to stay that way it's really a waste to buy a home all for yourself unless you rent out the rooms but that's not so easy and being a landlord isn't for everyone.
Condos use to be great for a single person, but over the years with the HOA going up in fees and all the horror stories I have heard about HOA a condo isn't a good alternative anymore.
What I plan to do is rent and invest the difference in the stock market.