Downside/life change risk is too high. He assumes he'll still be employed at fecesbook for the duration of the lease, 12 years. And that he won't get married/have kids in the meantime (which is probably true since he'll be on a boat).
12 years on a boat in a tiny studio is kind of a lot. I guess he expects to sell the lease to someone else when he decides he's done? "Like a condo".
I'd just get a house in the South with the 300k, but meh, that's just me.
Downside/life change risk is too high. He assumes he'll still be employed at fecesbook for the duration of the lease, 12 years. And that he won't get married/have kids in the meantime (which is probably true since he'll be on a boat).
12 years on a boat in a tiny studio is kind of a lot. I guess he expects to sell the lease to someone else when he decides he's done? "Like a condo".
I'd just get a house in the South with the 300k, but meh, that's just me.