I’m not the guy with the million dollar condo, but I can tell you that in my situation, I know for a fact that it is my landlord that’s got the negative cash flow situation. So, no, I’m not covering his mortgage, rather, he’s subsidizing my stay.
I’m also not looking for a goldmine, rather I’m not going to pay a premium for something I can rent cheaper today and purchase for less later. And sorry to disappoint you, but I didn’t miss out on the gold rush either (although I am sorry I have to bring it up). The gains from the sale of my last house are conservatively invested right now. Guess you don’t know as much about my camp as you thought you did.
I assure you, I am more confident in my confident in my choices today than you are in yours.
