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re: Are we at a generational housing peak?
Posted on 3/11/17 at 4:07 pm to GFunk
Posted on 3/11/17 at 4:07 pm to GFunk
To say that anyone who doesn't want to buy a home at a certain stage in life is inherently financially illiterate is quite the stretch. Unless someone is living in the same location for multiple years, then it is hard to make the case for buying. There are layers of actual costs and opportunity costs to consider when evaluating the pros and the cons to home ownership.
Speaking in generalizations about entire generations is quite silly and overly simplistic.
Speaking in generalizations about entire generations is quite silly and overly simplistic.
1
Posted on 3/11/17 at 6:32 pm to lynxcat
quote:
lynxcat
quote:
To say that anyone who doesn't want to buy a home at a certain stage in life is inherently financially illiterate is quite the stretch.
Since that isn't what I said, I agree that what you said about what I said is quite a stretch.
Being less financially literate =\= financially illiterate. Ignoring the advantages is something many people in each generation do, to their detriment IMO.
You seem to have taken my comment as an insult, or perhaps even personally. I can assure that wasn't my intent.
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