3 ms·
I agree. All tied into a single, non-cash-flow generating asset is risky, to say the least. And it will really be an asset only when they sell it. Until then, t
by ivanche 4y ago
I agree. All tied into a single, non-cash-flow generating asset is risky, to say the least. And it will really be an asset only when they sell it. Until then, they only pour more and more money into a bottomless pit that a house is. EDIT: for $250,000/year income, the most expensive house one can afford is $750,000. Their $1.7 million house is way above their means.