Too many people don't have the willpower and the discipline to save and invest. Mortgage payments act as forced savings for them. At least, they have something after decades of running in the rat race.
False.— Stefan Molyneux (@StefanMolyneux) November 21, 2019
There’s nothing wrong with home ownership of course, but in my 20s I was able to start a company because I was not in debt.
You can take the money for the down payment and invest it instead, or start a side hustle. https://t.co/LC7CwNiis8
What Molyneux says is true. Though, it's amusing to see the reaction of normies upon finding someone who adamantly refuses to saddle himself with an epic house loan. Instead of being curious about other options, they react with shock, horror, and indignation. YOU RENT! OMG, YOU'RE WASTING MONEY! OWNING A HOUSE IS THE BEST THING EVER!