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Real Estate
Reply to "s/o How old are you? What kind of house do you live in? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]34 and 37. Own a three bedroom rowhouse in dc. Bought for $740k in 2014. HHI is 400k Wish we had waited to purchase as our income has increased significantly. However it allows us to save around 5,100 a month outside of retirement. Goal is to purchase for around $1.4ish in around two years. Our goal is to have around 500k to put down. [/quote] +1 almost exact same story for us[/quote] Do you get concerned you missed out? We plan on buying in 2 years and I get worried rates will increase significantly, the tax bill will pass with a $500k mortgage deduction limit, home prices will continue to rise, etc. We do own a home we'd be happy staying in if we had to and I suppose we'd have a massive brokerage account in five years. [/quote] how do you know home prices will continue to rise? [/quote] I didn't say that. I said I WORRY this will happen [/quote]
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