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Is there some way to look at $700,000 and not think, "Holy shit that's a life changing amount of money for nearly any American."?
by Pfhreak 5y ago
Is there some way to look at $700,000 and not think, "Holy shit that's a life changing amount of money for nearly any American."?
- stadium 5y agoFOMO is the biggest reason I find not to sell and rent for a while. If I want to buy again in a few years, there is no way to know if the equivalent house would be out of my price range. And I can't think of too many places I would feel safe investing that amount of money given current asset price inflation. Becoming a landlord while renting out something new may be a good option though. Or moving to a low cost of living area.
- deleted 5y ago[deleted]
- closeparen 5y agoLife-changing would be living in nicer arrangements, consuming more stuff, doing less work, being more secure. That’s not what’s going on here.