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baseballcrank's profile
Dan McLaughlin
Dan McLaughlin
Dan McLaughlin
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@baseballcrank

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Dan McLaughlinVerified account

@baseballcrank

Senior Writer @NRO. Reaganite, Catholic, Mets fan, ex-lawyer. Opinions 100% my own, but you can share them. Not the Cardinals broadcaster.

New York
nationalreview.com/author/dan-mcl…
Joined May 2009

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    1. Scott Lincicome‏Verified account @scottlincicome Jun 11

      What if I told you that buying a house can be great but is also a major commitment with some significant risks, and could ultimately be less financially and physically liberating than just renting

      78 replies 22 retweets 612 likes
      Show this thread
    2. Scott Lincicome‏Verified account @scottlincicome Jun 11

      Signed, A guy who loves his current house/equity but also moved during a housing recession and was therefore forced to rent a DC co-op unit with brutal mortgage (6% interest rate!) and eventually sell it for a loss when the board said he couldn't rent it anymore.

      5 replies 2 retweets 77 likes
      Show this thread
    3. Scott Lincicome‏Verified account @scottlincicome Jun 11

      Sometime I'll tell you kids abt a magical time called 2005 when everyone was buying homes in Hot New Areas bc of FOMO and rising prices/rents and it was obvious/easy money bc home prices only went up and who cares if the mortgage was 10x your income it's an amazing investment lol

      11 replies 5 retweets 104 likes
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    4. Scott Lincicome‏Verified account @scottlincicome Jun 11

      I was smart tho and didn't buy at the top I waited for the bubble to deflate and bought in 2007 LOLOLOL

      10 replies 3 retweets 87 likes
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    5. Dan McLaughlin‏Verified account @baseballcrank Jun 11
      Replying to @scottlincicome

      I contracted to buy a house in Jan 2006 & spent the next five months in a cold sweat trying to sell as the price plunged. But still sold for nearly twice what I paid in 2000.

      2 replies 0 retweets 2 likes
    6. Jeremy Senderowicz‏ @jsende Jun 11
      Replying to @baseballcrank @scottlincicome

      The greatest financial move we ever made was buying our first co-op in 1998.

      2 replies 0 retweets 1 like
      Dan McLaughlin‏Verified account @baseballcrank Jun 11
      Replying to @jsende @scottlincicome

      Also selling all my stocks in late 1999 to make sure I had the money to buy a house.

      4:09 PM - 11 Jun 2021
      • 1 Like
      • Jeremy Senderowicz
      0 replies 0 retweets 1 like

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