I dont quite interpret it that way, though the Idiots at large do.
I look at it like this. For example.
I have a wife and am thinking of a baby. Now we may have another baby in the future after the first and we probably should think of a steady location with a neighborhood with other kids a yard and a school that is good etc.
I also dont quite know the work involved in buying a house and my discipline in keeping money aside and sending off payments is still in its infancy.
I would like to get a simple house that can hold the whole family without us elbowing each other everytime someone turns around and at the same time let me get used to the idea of debt service and give me time to bone up on my discipline.
It cannot have major problems because I cannot fix it being a new owner, it cannot be un an undesirable area being wife and family man, it cannot break the bank because wife may be unable to work a few years while making babies, it cannot be etc etc … what ever.
Ideally a starter home has to be inexpensive, trouble free, fit your family and in a good neighborhood.
Ergo a new vinyl box in a good area for a good price that you can afford with 1 income and heck if you get laid off, you still need to be able to cover it for a few months – works good.
Cool.
Cow_tipping.