> Right now a house is a much much much larger liability than it has ever been
I was curious why you believed that. Other commenters have helped me understand why you believe that's the case. My opinion is that we're in the middle of a housing shortage in many places. Interest rates are up, but people are still buying houses, so the liability, for places where people are still buying houses isn't three "much"es level of liability in my mind (and my area). If it becomes a millstone around your neck, sell the house. Which is easier said than done, but that's where I'm coming from.
fragmede|1 year ago
I was curious why you believed that. Other commenters have helped me understand why you believe that's the case. My opinion is that we're in the middle of a housing shortage in many places. Interest rates are up, but people are still buying houses, so the liability, for places where people are still buying houses isn't three "much"es level of liability in my mind (and my area). If it becomes a millstone around your neck, sell the house. Which is easier said than done, but that's where I'm coming from.