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I did the "starter home" thing in 2006 and then the market crashed and I was under water until 2019... I would never recommend the idea of a "starter home" to

by larrik 6y ago

I did the "starter home" thing in 2006 and then the market crashed and I was under water until 2019... I would never recommend the idea of a "starter home" to anyone, ever. It only works when housing prices are on the rise and continue that way the entire time you live there.

chasd00 6y ago
is there such a thing as non-survivor bias? You perfectly timed the most dramatic fall in home prices in maybe a 100 years. The subprime collapse aside, a home purchase is usually a safe investment.