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I think you need to read the third paragraph, which is the more common case (although the other two paragraphs were based on real-life experience, too).
by ktRolster 10y ago
I think you need to read the third paragraph, which is the more common case (although the other two paragraphs were based on real-life experience, too).
- eli_gottlieb 10y agoHousing is supposed to be a durable good, not an investment asset.
- ktRolster 10y agoYou have a surprising inability to understand things from other people's viewpoints. In other words, you lack empathy.
- dang 10y agoNo personal attacks on HN, please, even when someone else's comment is frustrating and/or wrong.
- khedoros 10y agoI own because I want to live where I am, but I might eventually want to move. If someone builds something that lowers my home's value by 25%, then that's a good chunk of change that I won't be able to repay on the loan if I were to want to sell. I didn't buy because it's an investment, but it acts like one anyhow, whether I like it or not. I'd prefer it if someone else's actions don't essentially shackle me to where I am.