You haven't seen anything yet. People are trying to time things right. But they're well be bidding wars again. Trust me, there are a lot of people who can afford high mortgages.
Accept reality or punch air. Your choice.
I'm in my house for 8 more years. Then I am building a house, all cash, on my family's land. Not paying crazy interest rates.
20 years? This is already the case.
Then this answers the GMB question. And even more so, the likelihood of the marriage ending and the price we pay. The risk isn't worth a falsely permanent reward.
fukk buying a house buy cheap land and build the house on it. even if its a shack or a trailer.. at least you'll have someplace to live 
There was no question…
The play for me if I owned a home worth 3-4x the amount it was is to sell and invest the proceeds into a business that I own.This x100. If you own a house right now, that's your singular biggest asset. Most of your net worth is tied to your home. If your house has appreciated 3-4x the amount from when you originally purchased it, then it's both a gift and a curse. It's a gift that you have something that has made you technically wealthy ( or close to it), it's also a curse, because now you most likely can't put your house on the market, if you want to sell your house and purchase a new house. You are probably tied to that house now, as long as interest rates stay high. There's literally no incentive to sell your house at the moment, because its a seller's market. Since it's a seller's market, you're going to have to hold onto your house for the foreseeable future.
On the flipside though, if you have parents that own a home, and are holding on, that's the quickest way to generational wealth, especially if that house is paid off. The group of people in their 20s and 30's that can't buy a home, might be able to inherit their home from their parents in the future, You can get a leg up on everyone else, if you're inheriting a home worth $750K or $1 Million +. My parents still own their home that's worth about $950K, after purchasing it for $400K back in 1997. They're 3 years away from owning it completely. Imagine inheriting a $1 Million home
Questioning a school of thought is a question, quotation mark or not...
Again, there was no question. Don’t care what the rationale is. I think all of the philosophies I listed are stupid. I could’ve written that verbatim or gone with softer language, which I did.
Again, questioning a school of thought is a question, quotation mark or not. You just wrote it verbatim and doing so doesn't strip me or anyone of the right or ability to tell you why it isn't stupid.
