My close friend regrets buying a car while still renting

I recently read another reader’s comment that if they had VND2 billion (US$79,000), they would live in a rented home and buy a car for convenience. I disagree with this opinion and want to share my perspective.

I enjoy purchasing land and property and have been saving money since graduating to invest in real estate. For each plot of land I bought, I built fences, set up electricity and water, erected a small hut, and planted a garden instead of leaving it barren. I rented out many of my properties to people who wanted to set up coffee shops.

My parents often urged me to buy a car, but whenever I was about to comply, I heard about land plots on sale and changed my mind. They even gave me money to purchase one but I ended up using it to buy more land.

I have a close friend who lived in a beautiful apartment and owned a 100-square-meter plot of land. Overwhelmed by the costs and efforts needed to build a house, she sold the plot to buy a seven-seater car. She spent money indulgently, with no intention of buying a home.

As her child grows and expenses rise, she has to settle for a simpler, more affordable home. She often expresses regret for hastily selling her land for a vehicle.

"I had enough money to build a house, but I preferred renting an apartment for luxury. Now I live simply in a house that isn’t even mine," she often tells me.

While I currently ride a motorbike, I have a spacious house and multiple land plots. In contrast, my friend frequently moves between different rentals, and her car has deteriorated over the years, leading her to sell it.

Having moved from a small house in an alley to a larger one on the main street, I know that packing and moving can be exhausting and costly, even with professional help.

Each time my friend changes rentals, she must sell or donate some items, which is quite troublesome. Therefore, I prefer to buy my own house for stability rather than rent and spend money on indulgences like a car.

What are your thoughts on this matter?

*This opinion was translated into English with the assistance of AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.