i kind of thin it would be smarter to wait for prices to tank.. buy the house at $400k..then sit tight. let prices rise over time..and SOME DAY much further odwn the line… refi and pay off the student loan…
Prices will rise over time … sure about that ???
I think as baby boomers retire, they will dump their houses, yea those built in the 70’s shitboxes with lead paint and asbestos in the walls … to the point where it will take 30-50 years to clear out the surplus. You know, they are all counting on their house to fund their cushy retirement. Guess what … never gonna happen, Hyperinflation is comming, but house prices aren’t figured in cost of living, rents are. I’d bet rents will stagnate a bit too before they slowly … very very slwoly rise, wages will stagnate a lot longer thanks to china dumping the market with manufactured goods with slave labor … but house prices will not rise … interest rates will rise but houses will be worth less and less … 30-40 years IMHO.
Cool.
Cow_tipping.
