I was very lucky too. Something about “preparation meeting opportunity”. Anyway I am still relatively young.I am aware I could fall on my face tomorrow if I don’t watch my step.That type of concern seems to be lacking in the players that made this Housing bubble.
“I just find it difficult to think of putting 28 years into a payment plan where the balance continues to ballooon instead of going down..”
It is not unusual for us to need or want to use our assets to live on in old age. They may have had a reverse mortagage. We should try not too be to harsh(or brag too much in my case).We might be in their shoes one day.
