Quote:
Originally Posted by DementedReality
why are you happy about that? your capital has taken a huge hit, wouldnt you be better off right now if you had rented and put your cash in the bank?
same cash now would buy you a nicee house, still paid for too.
no?
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Well none of us were psychic ya know. All we saw were prices going up like there was no end. You know what they say about hindsight? In any case I haven't lost 200,000 or something. "Only" about 50,000. I live in an historic district in that all the houses are Old Florida houses --the newest houses that arent Mcmansions (those are 2 blocks away on the Intracoastal waterway) are late 60s houses. so actually I cant complain too much except for the fact that I would've liked to have left here this year but I wont because I just don't like losing money!!!