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darklord700 · 06-22-2012, 11:17 AM

I bought my house in 2004, the pre boom year, for $240K. I could have qualified for a $440K house in 2004 but decided to be fugal. What a big mistake. Now that $440K house is selling for $750K and my house is worth perhaps $430K. My family income has increased many times since than but still, I beat myself when I drove passed that 2004 $440K house every time.

Looking back now, everyone will think a $250K house is a bargain back then. But back then in 2004, people balked at anything over $400K and a lottery dream home was only like $750K.

My thinking is that houses are always expensive no matter when you buy them and how much money you make.

06-22-2012, 11:17 AM	#86
darklord700 First Line Centre Join Date: Oct 2009 Exp:	I bought my house in 2004, the pre boom year, for $240K. I could have qualified for a $440K house in 2004 but decided to be fugal. What a big mistake. Now that $440K house is selling for $750K and my house is worth perhaps $430K. My family income has increased many times since than but still, I beat myself when I drove passed that 2004 $440K house every time. Looking back now, everyone will think a $250K house is a bargain back then. But back then in 2004, people balked at anything over $400K and a lottery dream home was only like $750K. My thinking is that houses are always expensive no matter when you buy them and how much money you make. Last edited by darklord700; 06-22-2012 at 11:21 AM.