I want you to take a moment with me and watch this video.

@owunnavictor

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Why it worked

The video challenges a common belief about homeownership as a guaranteed path to wealth, offering a contrarian perspective that resonates with viewers concerned about the current economic climate. The speaker's direct and assertive tone, combined with relatable financial advice, makes the content engaging and shareable.

Summary

The speaker argues that houses are liabilities, not investments, especially in the current market. They highlight that housing appreciation has been minimal compared to the stock market, and the costs associated with homeownership are significant. The speaker advises viewers to rent until they are financially stable and can make a substantial down payment to reduce mortgage payments and pay off the house faster, emphasizing financial stability over homeownership as a primary goal.

Structure

1Houses are liabilities, not investments.
2Housing market appreciation is low compared to the stock market.
3Homeownership comes with significant costs (taxes, insurance, mortgage).
4Immigrants often view homeownership as a sign of stability, but financial stability is key.
5Rent until financially capable and plan finances properly for homeownership.
6Focus on large down payments to reduce mortgage and pay off faster.

On-screen text

House is a liability National Median Price: The median sale price for an existing home sits around $408,000 to $410,000 as of mid-2026, up sharply from historical pre-2021 averages. Recent Slowdown: Annual price appreciation has flattened out, hovering near 1% to 2% year-over-year. Federal Reserve B... +3 OVER 2% CHECK AN ALTERNATIVE INVESTMENT, LIKE THE LOWEST POSSIBLE RISK INVESTMENT CALLED THE S P 500, IT HAS GROWN BY 10% OVER THE LAST 30, 50 YEARS. IS THAT SAYING THAT YOU SHOULD JUST FOCUS ON RENTING FOR 30 YEARS? NO. IF YOU A HOUSE, RENT FIRST UNTIL YOU ARE FINANCIALLY CAPABLE OF OWNING A HOUSE. I'VE GOTTEN PEOPLE DMS SAYING THINGS LIKE, HOUSE A YEAR AGO, TWO YEARS AGO, ALREADY THINKING OF BECAUSE THE COST OF MANAGING THE HOUSE HAS BECOME A BURDEN. LISTEN TO THAT AND SAY, VICTOR, WRONG HOUSE. THAT IS BECAUSE THEIR INCOME. POINT. THE POINT IS RENT UNTIL YOU ARE ABLE TO. RIGHT INFORMATION AND PLAN YOUR FINANCES PROPERLY TO GO INTO THE OWNERSHIP LADDER. SAID THAT PEOPLE SHOULD NOT FOCUS ON 10%, ON 5%, OR ON 0%. YOU HAVE TO PAY AS MUCH DOWN PAYMENT AS POSSIBLE TO REDUCE YOUR MORTGAGE PAYMENTS AND TO ALSO INCREASE THE CHANCE OF PAYING OFF IN THE SHORTEST POSSIBLE TIME. THAT IS, IF YOU PLAN ON AND HAVING YOUR IT IS FINANCIAL STABILITY THAT SIGNALS PEACE OF MIND. SO AGAIN, ON THE PROPERTY LADDER, YOU DON'T DO IT BECAUSE YOU WANT TO REACH FINANCIAL FREEDOM IN 2026 FINANCIAL FREEDOM IN 2026 THE FUTURE.

Original caption

The housing market has long been viewed as a path to wealth and prosperity. But times have changed. Income has slowed down. Interest rates have gone up. Inflation has gone up. People are now being forced to work two jobs to own a home. Some are being forced into foreclosure. As immigrants, a house might signal comfort and security, but in reality, what gives both is financial stability. This doesn’t apply to everyone. But to those who intend to go on the property ladder for the sole reason of wealth creation. My message is simple - rent until you’re able to afford a house. And do not see it as an investment. #financialliteracy #renting #mortgagetips #mortgage

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Transcript

I want you to take a moment with me and watch this video. A house is a liability. Especially now in 2026 and for the last few years, it's just not going to pan out like you think it is. Um, there are a lot better investments than the liability that your house is. And a lot gonna discover that because a lot of people even now are figuring out. Well, wait a minute, my house isn't very liquid? No. In a down market, houses are hard to sell. They're not cash machines, are they? Yeah. And for the past four years, houses have gone up an average just a little over 2%. Yeah. So I don't know if that a great investment, but, yeah, understand, a house is just a liability. And it's some place to live. And you're gonna pay for it. You're gonna pay for everything. Taxes, insurance, house payments, interest payments. Yeah, it adds up. It adds up fast. So don't kid yourself. Buying a house is not gonna make you rich, not in 2026 and into the future, because it's all been leveraged in back 30, 40 years ago, you could buy a house all by yourself. You didn't need a partner, you didn't need two jobs. But now everyone's maxed out and so are home prices. So where do you think they're gonna go? How can they go any higher when people are already working as hard as they can and two people are already paying for the house? There's just no place for it to go. So if you're gonna buy a house, just know it's just something you're gonna live in. You're not gonna When I started recording the videos about renting versus buying, I specifically said that I was talking about the current market. And some people who innocently did not understand what I was saying were trying to argue with me and say things like, are you saying rent house for 30 years? And etcetera. No, what I was practically saying was that in this current market, you can no longer view a house as a path to wealth. You can no longer view a house as a path to financial freedom. And that is what most immigrants do when they go on the housing ladder. Because it is a signal that they have become financially stable. It's a signal that they are now doing well. That I have now started my wealth creation journey. Doing that in this current market, you are doing it wrong. Over the past few years, the housing market has only grown by a little over 2%. Now, when you check an alternative investment, like the lowest possible risk investment called the S&P 500, it has grown by 10% over the last 30, 50 years. Is that saying that you should just focus on renting for 30 years? No. If you want to own a house, rent first until you are financially capable of owning a house. I've gotten people reach out to me in my DMs saying things like, got a house a year ago, two years ago, already thinking of selling it because the cost of managing the house has become a burden. Listen to that and say, Victor, that is because they got the wrong house. That is because they didn't check their income. That's the point. The point is rent until you are able to. Get the right information and plan your finances properly to go into the ownership ladder. And also said that people should not focus on 10%, on 5%, or on 0%. You have to pay as much down payment as possible to reduce your mortgage payments and to also increase the chance of paying off your house in the shortest possible time. That is, if you plan on and having your it is financial stability that signals peace of mind. So again, on the property ladder, you don't do it because you want to build wealth. You don't do want to reach financial freedom in 2026, financial freedom in 2026 and the future.