Also speaking personally, I bought in 1989 so I don’t really care where the market goes in the future. I agree, a house is to live in, not to live-off of.

Having bought at the top of the last downturn (1990s), I certainly learned my lesson and will never do that again. While I was never upside down on my house, I can assure you that it’s no fun knowing that your more recent neighbors bought for less than you paid several years back.

Yeah, life is about careful planning, not gambling and following the pack.