Comment by ninalanyon

4 hours ago

Buying a house was one of the best things I ever did. But it worked for me because houses are relatively cheap (compared to income) where I live compared to many other countries and I was well paid and frugal so I paid off the mortgage over less than fifteen years. My children don't have that luxury partly because house prices are higher but also because they were less ambitious and hence earn less.

So whether it is good advice depends on your personal circumstances and personality.