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At 35, the RE Bubble is the single thing that makes me have deep regrets about trying to be successful in startups for the past 15 years. I've made a small exi
by Roritharr 4y ago
At 35, the RE Bubble is the single thing that makes me have deep regrets about trying to be successful in startups for the past 15 years.
I've made a small exit, but by that point interest rates were already rising and the amount for a down payment got so large that buying a house in a way that makes financial sense still is out of reach.
Contrasting that with my friends who simply got a corporate job and bought something with next to no down payment and <2% interest rate, they are nearly done paying down their houses or are still in a low fixed rate payment scheme until they are done for another 7 years.
They had their holidays, I had my 60-80hr "responsible for everything" weeks. I'm pretty sure
I am not alone in this, judging by the amount of people I know in tech who adopted to become "digital nomads", living with their family in what I consider glorified trailerparks and home-schooling their kids.