2 ms·
Yes! Tbh I wasn’t really all that interested in buying. I finally gave in after spending a summer working with the homeless, and reading a Priceonomics article
by Simulacra 9y ago
Yes! Tbh I wasn’t really all that interested in buying. I finally gave in after spending a summer working with the homeless, and reading a Priceonomics article about David Raether. I got really afraid.
https://priceonomics.com/what-its-like-to-fail/ https://priceonomics.com/what-its-like-to-fail/
- awat 9y agoThat’s where my interest came from as well. The success/failure line is much thinner than many people think imho.
- ckdarby 9y agoThis article didn't scare me just shined the light that people are truly not willing to sacrifice. They had a $500k nest egg and living in a 4000 sqf home. The decision could have been to sell the home, downgrade to a home half the size, cut all 'future children investments' and lived a frugal life. The best future investment that could have been made here is living within the reality of the numbers.
- Simulacra 9y agoAbsolutely agree. He should’ve downsized and cut expenditures, but for whatever reason (maybe hubris? Pride?) he allowed things to get out of control. For me, I know that I can get a job at Home Depot and make the mortgage payments, and that’s why I stuck with something small and affordable.