Very good post bug. Also, if you noticed, it’s 4.5% IO loan, so basically, it’s renting for 10 years at $1900/month with an option to buy @ $500k price.
I totally agree with you that kids much rather have their parents home with them more than living in some fancy house. I know many people who their parents work very hard to give them the fancy cars and buy nice houses for them to live in. But they’d trade all that in a heart beat to have their parents home more with them. Their parents basically missed out all their childhood.
