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If its my primary residence, then it's a place to live. If it appreciates, cool. I can make more money when I move somewhere else and use that to leverage my n
by noasaservice 4y ago
If its my primary residence, then it's a place to live.
If it appreciates, cool. I can make more money when I move somewhere else and use that to leverage my next house WHICH I LIVE IN.. If it goes down, bummer, but I can still use that to leverage my next house WHICH I LIVE IN.
I bought the house to live there, not as a financial instrument. The financial thing is secondary.
- pickovven 4y agoOh so you'll always sell your house for the same price you bought it for and never do anything wild like take out a home equity loan?
- noasaservice 4y agoDid I not say that the primary thing should be TO LIVE IN? If the market goes up or down, I cant do shit about that. But you pick on the fact that I'm talking about a primary (and in my case, sole) residence, and this article is talking about parasites that buy hundreds or thousands of homes to then turn back around and gatekeep living spaces. Id say tax those vultures out of a company. They do nothing good, and cause boundless suffering.
- pickovven 4y agoYou're responding to a thread asking who is and who isn't an investor. Are you agreeing that you're an investor but that's ok because you also live in your house? Or are you saying your not an investor because you live in your house?