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in 2005 people thought I was SILLY for NOT "getting a house" - now they WISH they had, rented, saved, and have ZERO debt.
Yep, same here. Sometimes it "pays" to be silly. When I see everyone doing the same thing, I step back and wonder why. Having lived through the real estate crash of the 1980's, I know how bad things can get.
Yep, same here. Sometimes it "pays" to be silly. When I see everyone doing the same thing, I step back and wonder why. Having lived through the real estate crash of the 1980's, I know how bad things can get.
"To be successful in life, simply do the EXACT OPPOSITE AS THE MASSES DO" -- Ben Franklin
Build an addition if you need a bigger house. Funny how nobody ever complained about too much equity or thought it was strange when people were using their houses as ATMs of unlimited reserves?
"To be successful in life, simply do the EXACT OPPOSITE AS THE MASSES DO" -- Ben Franklin
True to a certain point. Just remember has GM stock (before BK) was tanking. The "masses" were all dumping. The masses kept on dumping. And my friend brought $5000 worth of GM stock. So he didn't follow the masses and ended up losing the entire $5000.
Than on other hand. Las Vegas Sands was tanking masses were dumping. He got $10k at around $2/share and made and easy $50k profit on this investment.
Sometimes you have to make do with what you have. I know a few people in the OP's position and they are working within the situation that is their reality. That seems to be something a foreign concept these days.
Sometimes you have to make do with what you have. I know a few people in the OP's position and they are working within the situation that is their reality. That seems to be something a foreign concept these days.
Funny how 40 years ago people raised 4 kids in 1200 sq ft or smaller homes. Our sense of need has sure grown over the years.
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