Yeah my down payment 10 years ago was $200,000. The house has appreciated 0%. I sold meta shares to buy it. Those would be worth a million now.
… I wish I hadn’t just calculated that.
… I wish I hadn’t just calculated that.
Maybe they had the cash on hand, maybe they didn’t. Assuming they are in the family formation stage of life with young kids, an outlier risk appetite would be required to sleep well at night.