I have this preliminary plan of saving up for a home deposit by accumulating shares throughout the next 2-3 years.
But I am thinking...if I do manage to accumulate a sufficient deposit, I'd be effectively selling my income-generating assets to buy an asset that doesn't generate my income, and then I'd have to spend the next 30 years paying it off.
So I was wondering, is there any other way of owning a property without being like every other average person and working the rest of their lives to pay it off?
I see a lot of my colleagues who are tied to their jobs and will be probably until retirement as they have a mortgage to pay. I don't really want that type of life, but ultimately see no other choice? (if I want to own a home)