But I would not knowingly overpay for a house just to have the privilege of amortizing the cost over a long period of time, because that would detract from my enjoyment.
The art of the deal can bring as much enjoyment as the ownership of the asset itself.
Some folks have argued that it’s OK to overpay and that a generation in future, it won’t matter any more.[/quote]
I think you’ve made it very clear that you would not overpay. But why do you get aggressive about any purchase made by others? What do you hope to gain?
Ok – you will only buy a house that’s dipped in gold and wrapped up in $100 bills. Why get angry at folks who don’t have the same criteria?
AN is happy with his purchase. It penciled out for him, even if it didn’t for you. Why get so angry at him?