Quote:
Originally Posted by 68style
That said, I wouldn't stress about it... you can't control the market, you can kind of control what you earn so attack that if you want to... but if that also isn't possible, then I have found just being appreciative of my situation relative to others worked for me and just understanding that the amount of space around me isn't what defines the size of my life/happiness.
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I think my coping mechanism now is to increase earnings as much as I can while sacking away as much into investments without sacrificing day to day life too much. Plan is to retire early with enough passive income to live in a decent 1BR. No major plans for kids unless I inherit a bigger space or fall into a exec position in 10 years where I can make $250 - 300K+.
The math of calculating how much I need to earn, save and invest to upgrade to a detached or TH causes too much daily stress. Once you achieve that $300K+ downpayment, you're signing onto a $4-6K/ month mortgage for 25 years.
Rather retire earlier in a smaller place.