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Reply to "Why do people hate new builds?"
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[quote=Anonymous][quote=Anonymous]So? We expect this to be our forever house, so we're not terribly concerned with that. And even to the extent we are, we overall spent a lot less than it would have cost us to build a bigger house or buy a spec house, so our net profit will be fine.[/quote] Amen to that. It's laughable when so many people are overly concerned about their paper wealth. Yes you factor in value and costs to your current house, but if you're counting on it as your piggybank, you're probably doing it wrong. I can't stand people who are overly obsessed with their property value and are worried if prices go down. If you can't stomach a 30% drop in real estate, you're overweight or too levered.[/quote]
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