[ulizzle]

Buying a house in 2019 was one of the top 5 worst decisions in my life

[kcplate]

I bought a home in 2017 and considering what I have spent on down payment, mortgage, taxes, insurance, and standard home maintenance and improvements in the last six years if I sold it today I would still make about 35% more than all the cash I have put into it so far. My home is simply not an expense, it’s a savings account I get to live in.

Of course YMMV…

[dagw]

Consider yourself lucky. If I was to sell my house today I would probably get basically the same price I paid in 2017. All the money I've spend on renovations and improvements are 'lost'.

That being said, I love my house and I'm very happy I get to live here. So in the grand scheme of things I still consider buying this place a huge win.

[ulizzle]

Well I didn’t think of it that way. I admit im sentimental about it but it’s not sounding too bad too sell now either

I’m in Austin, so my house went up in value quite a lot.

[mfcl]

How so? It's probably worth more now. You can sell, no?

[ulizzle]

I don’t want to, but looks like I’ll have to, interest rates being what they are. I really liked the place, made a nice little garden for the first time in my life

But if yall think selling is a good idea, that’s a good omen

[FirmwareBurner]

Why?

[pixl97]

Yea, I don't understand myself, at least if they are in the US. Could be very location dependant, but mostly housing prices greatly increased since then.