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The challenge of buying a home for the first time can seem so daunting that it's tempting to either just go with the first house that falls in your price range or continue to rent.
I'm going to disagree on "burn the midnight oil". If you need to work that much overtime, either you have a good savings rate already but need to be willing to wait longer to buy a house, or you are having so much difficulty saving without doing that that you will also have difficulty affording the house without the overtime. If that's the case, don't buy the house, as it would basically amount to a 15- or 30-year slavery sentence imposed on yourself.
How is renting forever not a lifetime slavery sentence? Especially when a few years out, renting will become more and more expensive than if you had bought?
How is renting forever not a lifetime slavery sentence? Especially when a few years out, renting will become more and more expensive than if you had bought?
Renting forever is no different than buying food forever or paying for gas forever...
The challenge of buying a home for the first time can seem so daunting that it's tempting to either just go with the first house that falls in your price range or continue to rent.
Exactly! That is what I am afraid of. Continuing to rent is just not an option for me so I'm worried I may just go with the first house that falls within my price range.
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