That’s a good lesson for disciplined money management, something a lot of people simply don’t comprehend, i.e. our sobbing family in question. Also having no ccard debt, and car payments is virtually unheard in our society.
But one question:
What did you do (or would you have done) after 7 years?
This family couldn’t hack it in less than that. It’s really a roll of the dice on where values will be when buyers realize they couldn’t afford their house.