The comment section is on fire with discussion about buying real estate – thanks for participating!
Those of us who are reaching old age are feeling it – how much time is left?
How much does your AGE play into your decision?
Are those who are 50+ years old (like me) thinking that now is the time to settle down, give up their younger pursuits and plant some roots!
It would make sense that the older set would be the buyers with the big down payments, are they hitting the wall, deciding “Screw it, I’m not getting any younger” and buying now?
I think age could be a big factor in why people are saying that prices are low enough, rates are really low, and the game is rigged – I might as well buy!
Then you could have a week like I’ve had, where two people I know who are my age have passed away, including my dear friend and fellow realtor Jill Kammerude, the person I mentioned a while back who was diagnosed with Stage 4 cancer – God rest her soul.
Unlike pure investment vehicles like stocks and bonds, buying a house has an emotional component that is wildly unpredictable, and a simple thing like age could be a factor – is it for you? Do you think it’s helping fuel the latest run?