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What is the most unhelpful advice you have received?
(lemmy.world)
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this post was submitted on 14 Jul 2023
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“Get into the housing market while you can.”
My brother, mid 2005.
oof.
Yep. Bought a residence for $500k and two years later it was worth $330K.
How much is it worth now?
Sold it 5 years ago for somewhere in the 700s. So ultimately it turned out okay. But there was an extremely awkward period where I had to move out and would have sold if it wasn’t underwater. I wound up becoming a landlord for several years which I wouldn’t have chosen and felt pretty scummy but it did save me in the long run.