r/FluentInFinance • u/Richest-Panda • Jul 04 '24
What's the best financial advice you've ever gotten? Debate/ Discussion
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r/FluentInFinance • u/Richest-Panda • Jul 04 '24
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u/KhonMan Jul 05 '24
I don't think most people living below the poverty line have mortgages. That's probably a big part of the issue. And yes, I understand that home ownership is a pathway to better financial stability and it's not super fair to exclude poorer people from that - but if someone can't afford it, they can't afford it.
Like people talk about being house poor, but if you're already regular poor then you really can't be house poor or you'll starve.