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Patrick
2026 Jan 28, 7:48pm
Patrick
2026 Jan 28, 7:48pm
HeadSet says
It's legal to buy a house with your 401(k) money already, and has been for a long time, as long as it's an investment.
You just can't live in it.
So that feels contradictory. You can invest your retirement money in a house, but not your own house.
Retirement accounts are for retirement, not to prop up house prices.
It's legal to buy a house with your 401(k) money already, and has been for a long time, as long as it's an investment.
You just can't live in it.
So that feels contradictory. You can invest your retirement money in a house, but not your own house.
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.