Quote:
Originally Posted by MarkyMark
Why don't I get in now? Cause I'm priced out of a house, duh. Just because I know a house that's 700k will most likely go up over the next 20 years doesn't mean I can afford a mortgage for 700k.
Sorry but it is luck. No one ever imagined prices would increase 30+% in a year. They might have knew it was a sound investment and wouldn't go underwater, but gaining 200+k in a year or two, get out of here.
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Can't hate on a lucky man if your unlucky yourself I guess
If you're priced out, buy something you can afford? Everything seems to be all about want want want and if cant have it, it's not fair.
Don't get me wrong, I feel your pain and I too hope the rising house prices stop, and it does go down and levels itself out a bit, but you gotta listen to what you're saying because you're getting called out on a lot of it.
Gain $1 and it's a sound investment. Gain $100 and it's luck. The only lucky thing in the world that I can think of is paying $5 for a lotto max winning something. Most of us who got in are not using the house for an investment anyways so we haven't gained shit all