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A comment on How I Think About Debt. Parent comment

Re:How I Think About Debt by upsertingdefl on Tuesday May 07, 2024 @07:28AM (#40284313)
>goes into an appreciating asset that you own

Like any asset, it _could_ appreciate, but is not guaranteed. Where I live you can buy a house for 15-40K where normal prices in the country are 100-200K. It didn't use to be that way, last decade was all downhill for the city.

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Re:How I Think About Debt by whywhywhywhy on Tuesday May 07, 2024 @08:24AM (#40284641)
If the housing market crashed in any meaningfully impactful wait there would be way bigger issues to worry about and you’d still only be in the same situation as a renter, maybe even still more well off.
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