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Roger Dodger
Neil McCoy-Ward
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Comments by "Roger Dodger" (@rogerdodger8415) on "BE CAREFUL! Here's Why The Housing Market is Close to Tipping Point" video.
Its not slavery...just a good investment. Put that same down payment in the stock market for all those years, and see what you'd have now.
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Two points. I recently sold my home after 17 years and (what I thought) doubled my money. However, after checking an inflation calculator, it showed that my REAL gain was only ten percent. Home prices are NOT wildly inflated. Second. In using the PE ratio for home affordability, ONE income is not an accurate representation since most homes are bought on TWO incomes (husband and wife) which might change with advancements in career (much higher pay) or the birth of children (she quits to raise children at home) Finally, parents are increasingly helicoptering in cash as help with the down payment, so sale price doesn't always equal borrowing costs.
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