It gives you the liberty to move for a better job. That's enormous when you're early in your career and switching jobs results in huge pay increases.
Even within the same city, it's really nice to move near your new job and not have a commute.
Even within the same city, it's really nice to move near your new job and not have a commute.
Sure its more complex than simply giving notice and leaving but it isn't hard.
All of which is to say that optimal housing strategy depends _very_ strongly on the realities of the local market. Buying a house for $200k on a $50k salary is quite different from buying a house for $1.2 million on a $200k salary...