The "don't buy a house" crowd really cracks me up. I bought my first house in 1991 for $100k outside of San Fran. I'm on my fourth house, having lived >5 years

The "don't buy a house" crowd really cracks me up. I bought my first house in 1991 for $100k outside of San Fran. I'm on my fourth house, having lived >5 years in each one. Subtracting MINOR remodeling, maintenance, and interest (excluding mortgage interest ded.) I've cleared about $500k of tax free profit. Now could I start this today? It would be way harder for me to start this today. The housing markets where the good jobs are have gone bonkers. But pretty much everyone I know who's bought modest houses since the early 90's as grown significant equity. I'm excluding people that bought mcmansions or non 30-year fixed mortgages for houses they couldn't afford. Most of them got cornholed in 2001 and 2009. I think if you can do it, you should do it. The instances that led to fucking were rare and predictable.