Quote:
Originally Posted by activeStick
I just don't see the appeal with dropping 200k+ cash and then taking on a 700k+ mortgage to pay for 30ish years, six figure salary or not. House prices are now making the purchase of a home a bad option for me.
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Just a hypothetical question: What is that home you're buying for $900,000 now is worth $3,000,000 after those 30 years?
Would you still have no interest in purchasing a home?