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Reply to "Do you know people who have money but aren't buying a home?"
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[quote=Anonymous]My childless friends don't own--they value flexibility over stability at this point. It allows them to take better job offers either out of state or across town without worrying about the commute (you can just move if it's really that good of an offer), and it gives them tons of money to play the market with. We dumped $150k into our home as a down payment--friends who put that into the market have a lot better return than we do. The only reason we purchased is because we wanted our son to grow up in the same house his whole childhood.[/quote]
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