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Agreed. I don't view my house as an investment, but as a place to live. Yeah, it has value, but if I were to sell it, where would I sleep? Where would I put all
by theandrewbailey 4y ago
Agreed. I don't view my house as an investment, but as a place to live. Yeah, it has value, but if I were to sell it, where would I sleep? Where would I put all my stuff? If its value were to plummet to zero, that would suck, but I would only be out 1 year's equivalent salary (I don't live in a high COL area), not 10.
- loloquwowndueo 4y agoUnless you sell it for a dollar, it’s likely the value now converted to money will allow you to easily solve the lodging/storage conundrum. Far more easily than if you were renting and then got evicted with zero dollars in your pocket (since you seem to be reducing the situation to that assumption anyway).
- theandrewbailey 4y agoIt's the headache of having to find another place, and moving everything there. I bought a house so I wouldn't have to do that.
- sfpotter 4y agoHire a mover.
- loloquwowndueo 4y agoHave you ever? I don’t think so - it’s not as turnkey as you’d believe.
- sfpotter 4y agoYes. It’s easy. Easier if you pack up your stuff yourself. And obviously the less stuff you have the easier it is. But of the tasks humans find themselves endeavoring away at, it ranks among the more straightforward.