gei
Active Member
umm... is this thread for real?
on the one hand you kinda feel bad for people who try to time the market. on the other hand, i suppose they learn a lesson ultimately...
OP: how would you feel if you sold your property for 400k, took a bit hit on real estate and legal fees, and then spent $50,000 or so on rent for three years...
...only to realize that your original property appreciated steadily at a reasonable rate during those years, and is now worth $50,000 more.
wouldn't you feel stupid? the funny part is, this is probably the most realistic scenario, NOT the "omg real estate is gonna drop 20%!! sell quick!!!" posts
edit: forgot to add you'd be stuck in a little shoebox during those years, instead of in your massive 1000+ sqft condo. making the whole experience even worse.
on the one hand you kinda feel bad for people who try to time the market. on the other hand, i suppose they learn a lesson ultimately...
OP: how would you feel if you sold your property for 400k, took a bit hit on real estate and legal fees, and then spent $50,000 or so on rent for three years...
...only to realize that your original property appreciated steadily at a reasonable rate during those years, and is now worth $50,000 more.
wouldn't you feel stupid? the funny part is, this is probably the most realistic scenario, NOT the "omg real estate is gonna drop 20%!! sell quick!!!" posts
edit: forgot to add you'd be stuck in a little shoebox during those years, instead of in your massive 1000+ sqft condo. making the whole experience even worse.