I don’t believe that most renters on this site missed anything, why would missing out on ‘madness’ be considered upsetting?
This massive market correction proves that I didn’t miss out originally and sound financial discipline has ensured that I won’t be missing out when the madness has subsided, neither.
If I could do it over again you ask? Hindsight is always twenty-twenty, blah blah. Honestly though, I (literally) never bought into the idea that home ownership could be achieved without prudent living and a diversified portfolio. Once I set myself to a lifestyle that would supply that, I simply disregarded real estate and didn’t spend any mental energy on it.
Now, slow and steady has won the race, and although I’m peeved, this bailout which, to quote the professor, is “rewarding the reckless and punishing the prudent”, will only delay my virginal entry into a corrected market as a first time buyer (and I tell you, it is something I’m looking forward to 🙂
