Usage of the flexible payment method hit an all-time high on Cyber Monday, driving $1.03 billion in online spend (up 4.2% YoY), as consumers looked for greater flexibility in managing their holiday budgets. The vast majority of BNPL transactions are happening on a mobile device as well, at 79.4% share on Cyber Monday (vs. desktop). In an Adobe survey of over 1,000 U.S. consumers (conducted Nov. 2025), respondents said they were most likely to use BNPL for electronics, apparel, toys, and furniture purchases.
Source: Adobe Analytics.
I wonder what would happen if everyone suddenly stopped being in debt. Really wish people would just stop feeding the beast.
I need a house though, most people don’t have 250k sat around. Of course in a major city multiply that by several times.
One doesn’t always need to buy a home, but I don’t know your circumstances. Houses should be as affordable as cars, but I can’t even afford to pay on a 250K loan.
A car weighs 2000-4000lbs and can be produced in a mostly automated factory
A reasonable sized house still weighs 50-100k lbs that’s a lot more material and you have the land it is built on. It then takes multiple people days to build.
Houses being as affordable as cars is a pipe dream
Yeah, it is a pipe dream. I’m just sick of the unaffordability.
I would build a cabin in the woods if it was legal to live like that. In the UK, it pretty much isn’t. You can have the cabin, but you can’t live in it.
Not from the UK but why can’t you live in a cabin?
If you buy some woodland it won’t have planning permission for a permanent welling on it. Applying will almost certainly get rejected. You will only have permission to temporarily visit your land rather than live on it.
If it does have permission it will cost pretty much as much as a house. If there was a cheap way to have housing, even if it was just living in a tent, more people would be doing it. I suspect hatred of gypsies plays a part in it too.
So woodland that can’t have a permanent dwelling is affordable but woodland that can is cheap?
Like that would make sense if the construction of the building was different but if it’s simply just how often you can spend time on your own land that’s ridiculous
Its legal to build a structure (within certain limitations) but it cannot be used as a dwelling. Its ok to visit and you can even camp there or live in your cabin for up to a month of the year. Realistically you would almost certainly be fine to push the 28 days by a bit too.
If you are clearly living there its illegal. You can’t leave for a day and come back either, that timespan is from the whole year. Being stealthy is an option if you want to just do it anyway. You might get away with it for a while, but you might get caught too. Its not really a way to live peacefully though.
I need shelter. It is illegal for me to live in a cabin in the woods and any way to do it legally is almost certain to be rejected - I looked, extensively.
So this just leaves renting or buying a house as the only legal options I have left. Maybe a boat, but locations for that are more limited and things can be expensive. Of the two choices, buying is way cheaper long term than renting and even pretty quickly short term depending on the markets.
Remember, rent goes up every year. Your mortgage value remains as it was when you got it. A 250k loan isn’t going to be so much after a sum inflation rate of 50-100% several years down the road. Or about a week if Reform get in.
Hey, you made the choice that was best for you. There are pros and cons for each, and right now my only option is to rent. I am extremely fortunate to have a very below market rate and will take advantage of this time to save all I can.
The main thing is rents go up over time. I will be paying around this same amount for decades but if renting the cost of rent would double or more in that time. My mortgage will always be for the price of a house in 2023, while rents ever go up based on the house price in the current year.