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Reply to "People who bought a great house with low interest and "
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[quote=Anonymous][quote=Anonymous]Bought in 1973 for $72K; sold in 2019 for 1.4M. Enjoyed almost 50 years in a wonderful neighborhood; used the $ from sale to buy a lovely condo. It feels great. Interest rate on 1973 purchase wasn't low - maybe 8%? But as you can see it wasn't a bad choice. Just don't call us boomers; we're older than that.[/quote] Good for you! Buy and hold is the way to go for real estate. [/quote]
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