sandiego’s statement was “everyone who owns a house in California (me included) is losing more than $1,400 a month ($17,200 a year) on homes that they actually occupy.”
I bought my house about 10 years ago. Its worth alot more than I paid for it and always will be. If something were to happen that made it worth less than i paid it wouldnt bother me in the least. I have no desire to sell it and probably never will. As a rental it would be cash flow positive in big way even today.
Now unless I’m not “everyone”, please explain to me how I’ve lost money?
