I was talking to a person where when he first started working full time he actually purchased a condo where like most people he had to make monthly payments on it. But he wasn’t living in it as he was still at home with his parents, which was encouraged. Instead he bought that place just to immediately rent it out to someone else. If you think about it he was working at his job to save money where that renter was essentially paying for his monthly mortgage in many ways. He basically treated his first home purchase as an investment as if it was like a stock of some sort.
As evident that plan worked out very well for him as he remained debt free while at the same time having a property that is constantly going up in value. One humorous thing though is how people often ridiculed him without understanding everything in full context. For example, for many people buying a home is a status symbol to show you are financially well off. Not always true of course. When people asked where he lived he of course said with his parents. On a surface level people of course frowned on that.
When I think about it though for many people I talk to personally they usually have the “Oh, good idea to save money until you really need your own home” mentality. I think this also relates to the thought where many times people buy a large home without truly needing all that space right now in life. I would be inclined to say like there if you don’t truly need all that space then before making the purchase both as an investment and as a place to live maybe renting the basement out would be an ideal minimum route to go with as an example.
But seeing your first time home purchase more as an investment to make money in your early adulthood can make a lot of financial sense.