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Reply to "Would you buy a house at 50?"
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[quote=Anonymous][quote=Anonymous]OP here..thank you so much for responding. I plan to take a 15 years mortgage. And I will absolutely run the numbers very carefully. I am conscious that this could set me back a bit if I overextend myself. In theory I can buy it cash and still be okay, that would be sacrificing potential growth in equities. And I don't plan to buy a large home. [/quote] If you can afford it in cash but just choose not to, then it’s a good idea to buy (except maybe property taxes will eventually be too much? Will your family help you out if you can’t afford them one day?)[/quote]
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