Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "I was so close and now I’m shut out"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous] [b]If you hesitated to buy before, it means you weren't quite wealthy enough. [/b]You would have been house-poor and of course, being who you are, we'd have read all about it in one of your whiny posts. So... be happy with what you have, and consider that most people in this area cannot afford what you can afford. DCUM is a rarified sphere indeed. [/quote] OP was "wealthy enough" to have easily afforded a $950K house in 2020 when rates were rock bottom. But instead, OP wanted to wait to save for a "perfect" then-priced $1.2m house. Now OP's $1.2m dream house costs $1.6m and rates are 6%. OP could've compromised and bought the $950K house, which is now probably worth $1.15m. That would be a nice $200K increase in OP's net worth in two years without doing any real work other than deploying a downpayment and moving houses. Moral of the story: buy what you can when you can afford it, especially if interest rates are at historical lows.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics