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Jun 29, 2022
9:52
:38
am
BleedCougarBlue2
Truly Addicted User
I wonder how the parents feel about this....
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BleedCougarBlue2
Previous username
Twister
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BleedCougarBlue2
Joined
Sep 5, 2017
Last login
Apr 30, 2024
Total posts
26,129 (1,907 FO)
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Messages
Author
Time
My neighbor’s experience trying to make a quick buck off the market.
papencoug
6/29/22 9:35am
A great example of why a house is more of a purchase than an investment...
WP17
6/29/22 9:46am
We have two generations of people that have never lived with inflation.
Acorn
6/29/22 9:52am
So yes, in a technical sense it can be. I mean when you evaluate personally how much you're worth you don't include it.
WP17
6/29/22 10:05am
Not sure if you read my post, but LCM stands for Lower of Cost or Market.
Acorn
6/29/22 10:11am
Yes I read your post, I know what LCOM is. And I largely agreed with what you said.
WP17
6/29/22 11:34am
if you take two identical houses. and two different scenarios on those houses
Cougarclaw
6/29/22 11:11am
A friend of mind and his wife sold around time market started to heat up.
JohnnyC
6/29/22 9:48am
I wonder how the parents feel about this....
BleedCougarBlue2
6/29/22 9:52am
I should asked them.
JohnnyC
6/29/22 9:56am
Depending on what they value, they may still think it was a fantastic decision.
allaboutthegainz
6/29/22 9:55am
Well, being younger and have no kids.
JohnnyC
6/29/22 9:58am
My sister and BIL lived in my parents' home for over 5 years — saved $ to
Benfica1
6/29/22 10:43am
Why do people think it's a good idea to move in with their parents or in-laws?
fredy
6/29/22 10:52am
It is a terrible idea and causes lots of problems for both parents and families
johnnybyu
6/29/22 2:13pm
Meh, it works for 2 families for my parents.
Benfica1
6/29/22 5:19pm
Just buy a house you want to live in at a price you can afford and live in it
Jay Kay
6/29/22 9:54am
My HCBW's step sister is in a similar situation. They sold, but can't afford to
BYUtka
6/29/22 10:09am
$100k is around 3 to 4 years free rent
donnerstag
6/29/22 10:12am
I know a guy who sold his house and took all of the money and put it into stock
fredy
6/29/22 10:23am
I knew a realtor in Las Vegas who in 2017 told me they were selling their house
Gente_Boa
6/29/22 11:05am
Trying to game any market like this is always a very risky idea. Sound investment principles are better every time.
SingleStrapBackpack
6/29/22 11:07am
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