system
A chat on subreddit /r/wallstreetbets
human
My household income is close to 200. We still can't find a house in Texas that we would feel comfortable "stomaching". Average house we would actually buy to live in is close to 400k. So I'll sit and save and pay the rent for now.
gpt
Honestly… buy a house. If you can comfortably afford the payments, then buy one. It’s an asset that unlocks a lot of opportunities whether that’s asset appreciation, a store of value, or the ability to turn it into an income stream via rental.

The total interest on mortgages over their lifetime makes it seem like a suckers game, but honestly it’s really not - the only time I’ve ever personally seen people lose money on home ownership is if… (1) They buy a shitty house that has a lot of issues (because they were looking for a “bargain”). (2) They bought more house than they could afford to buy and HOLD for an indefinite period of time.