we bought a small house in a very bad school district in 2005 at the height of the bubble and were stuck there for 9 years because it lost all its value and was underwater. We...(more)6-13-2016 5:23pm
ended up bringing everything we had to closing just to get out of the house. I REALLY wish we had rented for a while, but at the time everyone thought housing was such a good investment. Anyway I hear you--you will get out eventually but being trapped sucks.
Your story will be repeated in a few years, unfortunately. My dad predicted, to the month, the last housing collapse and he said the next one will happen next summer (better if...(more)6-13-2016 5:28pm
Clinton wins but still a collapse because supply is overvalued).