Quote:
Originally Posted by blankall
I dunno man. Many of the richest people I know are people who didn't bother with university, went straight into working, and bought real estate early. People aren't working for their wealth anymore. When housing is the hot commodity and there's a shortage, it's all about owning as much as you can. Spending 6-10 years on a professional degree is time and opportunities costs wasted that could be put into flipping houses and "earning" hundreds of thousands.
|
Successful tradespeople who get into flipping houses aren’t really representative of the less-educated population. Most people without degrees work in retail, food services, driving delivery trucks, etc.
I’m still liking the odds of a couple who have university degrees, are the children of degree-holders, and earn $100k+ in the professions to get on the housing ladder and pass on intergenerational wealth to their kids vs someone who has a diploma in hospitality management, parents who didn’t go to university, and earns $50k working as a shift manager at Boston Pizza.