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Reply to "What do you think of people who don't own a house/condo/townhouse etc?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'd think they're smart.[/quote] This. I have colleagues your age who aren't buying (bc they may not stay in DC) and instead they throw like 20% of their salaries into index funds every yr -- on top of maxing out 401ks, IRAs etc. They have already realized more growth than I have on the home I bought and I didn't even buy at the market peak or anything.[/quote] I think this is smart. However, most renters are NOT doing this. So that's the question for OP. Is she not buying because she's investing in something else or has she created a lifestyle that requires her to spend all of her income?[/quote]
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