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Absolutely! Committing to an ongoing expense based on your earning power in the peak of a cycle is crazy. The only way to justify something like that is if you'
by closeparen 4y ago
Absolutely! Committing to an ongoing expense based on your earning power in the peak of a cycle is crazy. The only way to justify something like that is if you're paying for (almost) all of it upfront. But even then the upside potentially is probably higher in stocks than in Bay Area real estate at this point.
- rg111 4y agoIn my early 20s. Bought a lot of expensive stuff in the last few months. Didn’t get laid off, but I am scared as hell about the economy/present situation. Now I wish I saved 70-80% of the money instead of spending them.