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And the last comment about best time to buy a house doesn’t make sense either.
Maybe it’s a great time for me to buy a house if I have the cash and want to hold long term. Maybe it doesn’t make sense for Jack Meyer because he is planning on only living in a certain place for 2 years before he moves. it always depends on each individual to make the decision. Just because some people can’t afford a house doesn’t mean there arent other people where money is burning a hole in their pocket.
Onvacation says
Big_Johnson says
Don’t be ashamed of your age.
I'm not going hold your immaturity and lack of experience against you.
When someone tells you this
“I remember when I could go to the store and buy a can of soda for a nickel. Of course minimum wage was $1.60 and a decent salary was $10,000 a year”
A millennial like me is interested in learning when that was. You must be very old to have experience that. I don’t see anything wrong with asking about your age. The fact that you get so offended tells me you might be a woman. Again, not that there is anything wrong with that. She won’t tell….that’s fine…thinking she must be in her late 80’s, early 90’s.
I remember when people called me crazy for buying bitcoin at 4K. Then they said bitcoin will never be at 20k again and they said I must have bought at 20k (which I never did). Now they are all silent. They really thought bitcoin will never be at 20k again. Of course now they would say you must have bought at 67k. Lol
The haters and perma bears move the goal post every year.
Same with RE. People told me I will lose my equity when I bought my most expensive house in 2020. Now 2020 is dirt cheap and I made over 500k on that house alone.
Some people never learn and will hope for this magic RE crash until their last breath.
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1. Will the bubble burst?
2. When will the bubble burst?
3. Will we ever see 300k homes again in Mexifornia?
Sam