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While the article—First time homeowners need to be better prepared published in the Sunday Business Guardian of September 28—raises valid points about financial preparedness such as pre-approvals, budgeting discipline, and accounting for ancillary costs—I could not help but find its overall framing somewhat tone-deaf to the realities that many citizens face.
The narrative seems to suggest that first-time buyers fail primarily because of insufficient knowledge or inadequate preparation. In truth, the greater obstacle lies in structural conditions: stagnant wages, rising property values, and an ever-increasing cost of living.
For many who live paycheque to paycheque, the notion of amassing significant savings is not a matter of poor planning, but an economic impossibility.
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