Re:The Work You Do, the Person You Are (2017)
by pixelatedindex on Friday September 06, 2024 @03:12AM
(#41463702)
> If you sell the house, you're short again. You might make a "profit" on the house if the market went up, but that just means you'll be buying another house in the new more expensive market.
As someone who doesn’t own a home and dreams of buying one, I really don’t believe this take. Anyone who bought a home in the late 2000s post-crash is now living in a much nicer place while spending the same.
I don’t think I’ll get an opportunity to see such a massive increase to quality of life by doing practically nothing. Housing prices won’t go down any time soon, so now I have to spend way more with much poorer ROI prospects.
As someone who doesn’t own a home and dreams of buying one, I really don’t believe this take. Anyone who bought a home in the late 2000s post-crash is now living in a much nicer place while spending the same.
I don’t think I’ll get an opportunity to see such a massive increase to quality of life by doing practically nothing. Housing prices won’t go down any time soon, so now I have to spend way more with much poorer ROI prospects.