[Liquid_Fire]

Unfortunately your approach is not very efficient when it comes to buying a house/apartment. If you are renting until you can afford to buy, you are essentially wasting your money. (Maybe you are lucky and have a place to live already, e.g. from your family, but that doesn't apply to everyone)

[2Gkashmiri]

agreed. the idea behind that is i live in my family home that was built by my father and there is no reason for me to "move out". not me nor hopefully the next generation would need to build a new house so we wouldn't need to worry about that.

you are right about housing though. i agree. in my town, the property prices double in 4-5 years. In the 25 years we have built our home, land prices have gone up 68x and they are growing fast.

my argument was on credit cards and disposable income spending.

[Turing_Machine]

> If you are renting until you can afford to buy, you are essentially wasting your money.

Well, maybe.

Underwater mortgages are a thing.