I'm 20, living with my parents and proud of it
I do own 3 properties that i am renting out, my parents tell me property is the way to go, cars are just toys and a waste of money. If you have the money to spare then its all good but if you are in a position to put the money into buying property or a sports car, choose the property every time.
Here in australia we were not effected by the housing market drop like you guys in america are.
- Ty