Changes in the workforce landscape have made traditional home-buying advice less applicable. Employees no longer stay with the same company for decades. Job security and location flexibility impact decisions about home ownership. Many individuals feel uncertain about future job opportunities and may avoid purchasing homes to prevent limiting their options for employment in different locales. The risks associated with long-term commitments in housing increases apprehension about being locked out of potential job prospects by proximity to one's residence.
"My dad used to tell me to decide where I wanted to work, then buy your house near it. People no longer work for the same company for 50+ years, and often, where you work isn't totally up to you. Sometimes you take what you can get."
"This is a huge part of why I doubt I would buy a home even if I could afford it. I'm not going to hold onto the same job for longer than a couple of years at the most, and I don't know where the next one will be or if I can guarantee that the next one will be near where I live right now. I can't afford to put down roots anywhere because even if I could get a home, I don't think I could take the risk of locking myself out of most future job prospects because of my location."
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