Buying a home is a great way to get a sense of stability and build up equity but beware, it is not for the faint of heart when you are I your twenties. It involves a heavy commitment handling a mortgage, it can limit your life and career choices.
According to annual statistics from the U.S. Census bureau, it is easier for younger people to buy real estate now than 20 years ago. This should come as a surprise to some who lament not buying years ago. In 2005, 17% more people under 25 owned their homes since 1985. And at that ages the chances of having to move for career changes are less so it might be easier to take the plunge.
If you can handle the extra responsibility, you will build up on equity and be able to move into the house of your dream sooner. There are pros and cons that should be well studied before making a commitment as usual.
