If an individual wants to own their home then good luck to them. Ideal? If I had a 100% variable rate mortgage, spend a disproportionate of my income financing it, had no savings and no insurance e.g. against losing my job, then no, I wouldn't call my situation 'ideal' or that home ownership was ideal for me in those circumstances. However, that is just an (my) opinion; you may disagree. It's up to the individual to decide what is best for them.
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