Monday 28th of June 2021
Social Media Says
My house appraised for 150k more than I bought it for when I refinanced, sucks to know that i could sell and make a mint but I couldn't replace the house because everybody else's values are also up.
Housing is not an investment, its a basic need. Imagine if they limited the supply of clothing, and we were all walking around naked waiting for a parents to die to own a pair of pants. That is how ludicrous the housing market is.
Same. Except I sold mine last October thinking I made out like a bandit and now my birdman handrub has ground to a halt looking at the fact I could've doubled the proceeds had i waited 6 more months. Oh well, I'm still fine with what I got out of it. There's really no way to predict something this insane.