alt Hacker NewsHurry, then, while your money is still worth something and there's farms to be had. I did and never looked back, no mortgage, no loans, no nothing. Use your money to become less dependent on future money. In the end it is independence which gives you security, not money in the market or on the bank.
I support this view, though in my own deep thinking about it all, I've come to see that all things are leased. Life itself is leased. We are all on borrowed time with borrowed resources and social contracts.
This affects me because the urgency toward ownership and being less dependent on future money is prudent in some ways, but also naive in others?
When I think about owning property and being free of monthly rent, there's a truth to that. And it feels nice to say we've achieved generational wealth. But maintaining the property costs money and property taxes are recurring, forever. So I've relaxed on this idea that it'll be markedly different from rent.
Curious how you think about it?