The shocking truth when you buy a house you lose
Opportunity Costs and Financial Flexibility
Another aspect to consider is the opportunity cost of tying up a significant portion of your wealth in a non-liquid asset. By investing in real estate, you may miss out on other investment opportunities that could potentially offer higher returns. Additionally, the financial commitment of a mortgage can limit your flexibility in terms of career moves or lifestyle changes, as selling a home can be a lengthy and expensive process.