Real estate is a bet on who you are and who you will become
Our decisions are bets against all possible future versions of ourselves that we are not choosing. -Annie Duke, Thinking in Bets
Purchasing real estate is an excellent way to understand yourself deeper. You're betting a very large sum of money that you today and you 5-10 years from now will enjoy spending almost every single day in this property (no pressure!)
Once I know me, I will know what I want to buy. This probably applies to most other things in life, too.