zlacker

This is particularly true when it comes to your place of residence. Moving constantly means you never "lock in" a level of expenses and will always have to earn more to keep up with inflation of housing prices (be it rent or purchase price). At least in Europe it is common to have indefinite rental contracts with a clause saying they can never raise the rent more than LOW_SINGLE_DIGIT% per year or even only for 10 years and not after.

>>valzam+(OP)
That's only true in specific parts of Europe. Where I am renting is like the wild west. Last year a friend's landlord put up their rent by €100, after 2 months of their 1 year contract...

But your point still stands, here you would typically buy a property when you get stable in life, locking in a monthly payment with a mortgage. Towards the end of the mortgage the payments will feel a lot more affordable due to inflation and / or a higher salary from career growth. If you keep moving to different places that's going to be complicated.

>>valzam+(OP)
On the other hand, moving cities/countries/continents for a salary boost can compound over your career and be probably the best financial decision you'll ever make.

I think it all comes down to what you want in life. Some people are happy with making their nest early and switching to cruise control. Others want to get out and experience as much of the world as they can. It's trite, but different strokes and all that.