Why Do Some People Never Buy a House?
I had clients with different income levels: the one who got $2,000 per month from the government and the one who got a six-figure relocation bonus. Very often, money is not a problem. These are the people who will never buy a house: - Attached to flexibility: people who move frequently, may relocate for work, or simply value the ability to change cities or neighborhoods more easily - Debt that limits cash flow: high monthly obligations (student loans, car payments, credit cards) can reduce financial room for ownership-related costs - Operating through fear: fear of commitment, fear of market timing, fear of making the wrong decision. Staying in the current position feels safer - Living in rent-controlled or below-market rentals: when rental costs are significantly lower than ownership costs, renting remains the more practical choice Some people rent because it’s strategic. Others rent because “someday” quietly became their plan.