It's a competitive world we live in, and I often feel like I'm wasting every minute that I'm not actively working towards learning something new/planning my next cool experience/my next job opportunity. I wonder when I'll have the time to settle down and raise a family. Hopefully we can let some of the hot air out of housing market to make starting a stable, nuclear family somewhat tenable again in the near future.
That is something separate from the cost of paying a mortgage or renting, and his anecdote highlighted an involved cost of opportunity. One can earn even a higher financial condition (to raise kids or whatnot) by not being tied to a long term immobile project. You need the freedom to change (your place) if you have to. Change is important.
It can make you financially stable, cover for your health expenses, give you decent retirement, put your kids through school and give them a decent shot at life.
From when was all this a bad thing?
>> Both of us orient ourselves towards experiences over possessions.
God forbid only a health interruption, a major market crash or any other unforeseen financial difficulty can leave you far worse off compared to your peers.
Not to mention, compared to your very own parents you don't want to be homeless when you are old.