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Originally Posted by Ron61
Yea, I should have sold when my place was valued at three times what it is worth. Oh well, I will just hang onto it and live in one of the old mines around here. 
Ron  |
A little over a year ago my house had doubled in 7 years.Still sitting in the same range now.
Seemed like everyone in my area had For Sale signs up and were selling quickly.So I decided to see what other house I could get if I sold and stayed in this area.
Found out I could get another house comparable to what I have now. NO GAIN.
Surprise surprise - everything thing else had doubled too.
The only way to take advantage of the increase was to downsize or move to another area with a lower cost of living.
So with everything pretty much raising and falling on the same tide,I'm staying put and not worrying about it.
Have to live somewhere.
