ah well, i am beyond calming words anyway. screw it all, screw the downturn, screw the future, screw the savings. . with 20% down the payment is the exact same as the rent we’ve paid for the last 4 years, and the rent payment has seemed very small. we;re not really stretching, we’re just starting over savings wise.
actually that’s not even true, it’s just a very large chunk of our savings. a majority sized chunk that hurts my stomach.
my wife was offered a job for a couple hundred k a few years back and turned it down to “nurture the children”, but works part time and does pretty well. she could easily cover it if she ever worked full time we will (probably) easily make it. Nothing I have ever worried about in life has ever actually been a problem, it’s only the things I failed to worry about that have given some difficulty. and nothing too bad has ever happened. i doubt something this petty would be the thing to break my streak!
so look, let’s say 10 years form now, the place is down 20%. you know what? I wouldn’t care. Honestly, I wouldn’t, as long as there weren’t some compelling reason I had to move. that’s the only nub of worry.
still, i believe there is an outside chance it’ll be down more than 20% in 10 years. just very unlikely. seems hard to believe that the govt won’t just start sending cash or adding zero’s to bills with a magic marker before that happens.
