I bought around then at the top-of-the-market. 100% financed. Then lost my job and then the house. That's LIFE. You move on and learn from your mistakes. No one forced ANYONE to buy a house.
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Don’t you love all the smug “experts” responding with advice that you no longer need?
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There's no guarantees...if you want a guaranteed rate of return, buy a CD. I've owned 6 pieces of real estate in my life...upon resale 1 was a grand slam, two were solid performers, one was a ho-hum performer, and I took a small bath on one. Life goes on regardless.
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Very well done.
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What an amazing story - well done
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Spot on about the personal realities of the housing boom/bust. Particularly about why someone can't "move where the jobs are."
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