Yep I wonder where it will all end. I bought a house many years ago and have substantial equity, so I’m glad I’m not needing to find a place to live at this time.
I’m happy I own my house, and recently refinanced the mortgage at a fixed rate under 2 1/2 percent. It’s crazy out there in the housing market.
“Yep I wonder where it will all end.”
I bought my first house in ‘72 for $10k. Sold it in ‘77 for $15k and never looked back. I’m about to sell my next to last one for about $500k (already own the newest one). Been through 3 real estate crashes, retired off them 12 years ago. Fortunes are made during crashes and lost during booms.
It’s all about the timing.