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uhsguy  ·  283 days ago  ·  link  ·    ·  parent  ·  post: The Brutal Reality of Plunging Office Values Is Here

I’m In the same boat with my actual house. We looked at a house it listed for 1.1m sold for 1.25. It’s ok… For the monthly payment on that bitch I can rent a mansion on the fucking lake in Mercer island. Of course wife wants to own build equity or whatever but how much equity are you really building at 7% interest in a declining market that hasn’t accepted higher for longer is a reality with 4%+ inflation. Seems like a loser bet but it’s probably worth a couple 100k to keep her happy.