This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Don’t lie to yourself
Property taxes.
Too much maintenance.
Avoid paying for repairs.
Not affordable anymore.
Renting is the new “American Dream.”
Avoid being tied down for 10–30+ years.
Real estate takes too much time to net a profit.
I don’t want to leave my family with debt if I don’t pay it off before I die.
Don’t deal with the financial responsibility of a mortgage if you lose your primary income source.
My response to all people who think this way is that you’re right. All this can be avoided if you don’t buy a house.
But what would you choose if someone gave you the option to own a house free and clear or live rent-free in an apartment? Most people would pick the house. Why? More freedom, space, earning potential, a significant net worth bump, and who wouldn’t want a free house (not many people)?
Ultimately, most people desire a house. To make it happen, you can implement a few things to ensure you have more financial security and independence throughout ownership:
Create passive income sources.
Maintain multiple income sources.
Maintain a 1–2 year emergency fund.
Split the mortgage with your partner.
Get enough life insurance to cover the cost of the house and some, in case you depart the earth before paying it off.
Bring in renters if you don’t want to pay the mortgage by yourself, and also utilize renters to help you pay off the house faster.
The Ones Who Do Want A House
If you want a house, make the dream happen. It’s likely easier than you think. Think of all the broke people who can’t afford a house and who manage to own a house in their name. If they can do it, and you’re money conscientious and healthy, then you can most certainly do it, too. Make it happen.
The Ones Who Actually Don’t Want A House
Not everyone needs a house. Some people only require a studio or one-bedroom apartment because they live solo or with their partner and some small pets. Also, not everyone desires an overflow of space, which many apartments offer. Then, many people aren’t seeking to deal with the maintenance of
It’s okay not to buy into the “American Dream.” Many dreams weren’t ever ours in the first place, but instead, someone else’s who no longer lives on this earth. The key is to question everything and think for yourself when it comes to your money to make informed decisions.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.