So you’re doubling down on your ignorance of the fact that Rates have dropped by ~12% since peaking a few months ago…Noted!
Conclusions drawn from this kind of ignorance will result in regret. As predicted. :)
The fact that you are seemingly unaware that Rates are already dropping is not surprising….and you could have made the same argument when rates were at 17%…yet prices continually moved HIGHER…
SO AGAIN: YOUR CHOICE. And I bet you’ll regret it. And you’ll be 40. :)
Bottomline: it’s your CHOICE not to buy a home. Time will tell if that was the correct decision or not. My bet is that is a mistake. We’ll see in 8 years how home prices appreciate….
$66k a year in a 401k is ultra high and if you have that much excess income it’s unclear why you would not be able to afford a home even with rates & prices where they are at.
Not adding up….
Depends on how you define “stretch”…putting every extra penny into the stock market on the hope that it continuously goes up every single year is quite a stretch!
How do you figure? You said $500k, of which $135k is cash eq, leaving $365k, at 6% compounded over 8 years you’d still be hundreds of thousands short of 7-figures….perhaps youre assuming after tax & expenditures savings of ~$36k per year? Meaning you’re saving ~$2,000 a month after taxes &...
The problem with the alleged “original no resell provision“ was that it was apparently only going to be valid for a year or 2…meaning that buyers of the vehicle in 2026 might not be subject to the same restrictions….this could be legally problematic as it would appear to favor certain buyers...