
No risk, no reward | BASEPOSTER
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Remember when people said October 10 was bullish? Good times
Despite having made it, to this day I still drive a normal car (Dacia duster). A car far cheaper than most of my age-related friends have with far less. I always envision myself one day having kids moving out of the house asking me: "Mom, why is buying a house so hard? Why can't anyone help?" "Was a fancy BMW, Mercedes, Porsche or a lambo truly the only way to get to the beach every day?" Obviously, they will likely not ask me this in this manner of speech. But I think the entire idea holds up. - People mostly don't struggle with the monthly payment on a mortgage (rent comes close). - People struggle getting the down-payment needed to get the mortgage. - People rent first and then try to save up enough to one day buy a house. - But rent is getting so much out of control that they can't save up for a house in the first place. It's basically an entire negative loop most can't escape from. (I see it all the time. Most of my age-related friends in their 30s still all rent)
Ouchhhh
Base xmas