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A comment on 'Nobody Wants to Work Anymore' Meme Cites Real Newspaper Articles. Parent comment

Re:'Nobody Wants to Work Anymore' Meme Cites Real Newspaper ... by eulers_secret on Friday December 02, 2022 @11:58AM (#33833115)
I have recently given up the notion of ever owning a house: it’s far too expensive.

Even with rent increases, I can live in 500 sqft apartments and basically retire in my 30s/40s.

If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time.

The price of single-family detached homes is so out of line that it is absurd.

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Re:'Nobody Wants to Work Anymore' Meme Cites Real Newspaper ... by jjav on Friday December 02, 2022 @01:12PM (#33834322)
> If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time.

How will you pay for the ever-increasing rent on apartments when you're 70 and beyond?

Owning a house is short-term pain but allows you to lock in a "rent" (mortgage) which will never increase and will at one point go to zero, hopefully before you retire.

[ Parent | on HN ]