If you’re a homeowner and not wanting to sell or refinance this isn’t a big deal for you. Your taxes go down. If you own a vacation home in the mountains I am just not that bummed that your investment has lost value
I’m not and probably never will be a homeowner, but I wasn’t talking about the topic of the article, just laughing at the idea that someone could say just save an extra 1k a month for a decade like that’s an easy thing to do.
I agree with you but generally but there are unlucky people that will get ducked. There are situations where you HAVE to sell. If someone loses a job and for a million possible reasons can’t get equivalent employment and can no longer afford their mortgage for example. Medical bills, spouse dies, etc.
If you’re a homeowner and not wanting to sell or refinance this isn’t a big deal for you. Your taxes go down. If you own a vacation home in the mountains I am just not that bummed that your investment has lost value
I’m not and probably never will be a homeowner, but I wasn’t talking about the topic of the article, just laughing at the idea that someone could say just save an extra 1k a month for a decade like that’s an easy thing to do.
They were more meaning, these people aren’t rich, just slightly better off than you, and that’s not who we should be fighting with.
I agree with you but generally but there are unlucky people that will get ducked. There are situations where you HAVE to sell. If someone loses a job and for a million possible reasons can’t get equivalent employment and can no longer afford their mortgage for example. Medical bills, spouse dies, etc.