In the area I come from it’s mostly because buying a house is something you do when you are around 30. Its marriage first, then buying a house, after that you get children. It’s so “common sense” that people really feel uncomfortable if they don’t fit into this scheme.

So buying a house is mainly to “compete” with your peers, which makes it even more dumb because everybody wants to have the nicest house to flex with. They even flex with their mortgage rate. No money in their pockets but 1 Mil. mortgage. Isn’t that weird shit?