It Will Almost Never Be A Good Time To Buy A House In America
The 'experts' have gone absolutely insane
On Monday morning, I was unpleasantly surprised to see this email among the many newsletters I wake up to each day—
We’ll get into the quantitative and qualitative personal financial details of this absolutely horrific advice in a second, particularly as they relate to Living The Semi-Retired Life.
But first …
Here’s the cute little we’re blissfully and thoughtlessly stuck in the status quo meets I just got a B-minus in Writing Nonfiction 101 thesis statement the Insider scribe used to introduce their point—
It’s a pretty terrible time to buy a house these days, which is why it’s a good time to buy a house.
That sentence might not make much sense, but stick with me.
Home ownership as an ideal, baby! As an investment. As a personal financial aspiration.
Blind faith in this old school way of living and organizing your money will get you killed. Pardon the hyperbole, but I couldn’t resist the riff on Springsteen’s famous 1985 lead-in to his cover of the song War (What is it good for!?) during the Born in the USA tour.
All the more noticeable because—on Monday morning—if you subscribe to the newsletter I write for a private client you received exactly the opposite sentiment!
If you just can’t get enough of my writing, please subscribe to The Juice. I write it four times a week—Monday through Thursday.
It includes a different approach to covering everything from housing and the economy to personal finance and investing. You can subscribe from this page, which also lists all of The Juices I’ve written. Coming up on two years’ now. And loving every minute of it.
By the end of the month, I’m told I can introduce you to the other freelance work I’m doing for a large media organization. The mix of work I do helps inform the things we discuss in this newsletter.
The big distinction being—most everything we do here relates to Living The Semi-Retired Life as a sensible, righteous, era-appropriate ideal. Which leads us to the almost too easy task of poking holes in this inane you should buy a house now because it’s a terrible time to buy a house now thesis.
Hot on the heels of post #300—
Come with me—paid subscribers—for post #301 of what I estimate to be 15,000 or so!