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r3dt4rget t1_j6oba4i wrote

Reply to comment by nozzery in Is it feasible to buy a house with 3 friends for my 4 years in college (or maybe longer)? by UltimatePlayer3301

I'm not disagreeing with your point, it just made me think about how we think it's bad for 18 year olds to take out a $100k mortgage for property, but it's perfectly normal for them to take out $100k in student loans, which are arguably much more risky.

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nozzery t1_j6obuy8 wrote

It's not much more risky, because it's $100k for *you* and not tied to anyone else. If this guy could make it work financially without the 3 other people, I'd say go for it. But anyway, student loans are a bad idea too if you can avoid them. Never get into a situation where you *need* everything to go perfectly in order to remain solvent. The road of life isn't smooth, there are bumps. Don't buy a car without shocks.

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UltimatePlayer3301 OP t1_j6obpcq wrote

I've never thought about it like that, it is kind strange how its a sort of double standard.

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