All-Cash Home Buying, a rising trend

[89th]

I should note the cash used to buy the house uses the colors green and WHITE. You guessed it. @Horace should we submit a request to make it Green and Black with the Bureau of Engraving and Printing?

[Horace]

@89th said in All-Cash Home Buying, a rising trend:

I should note the cash used to buy the house uses the colors green and WHITE. You guessed it. @Horace should we submit a request to make it Green and Black with the Bureau of Engraving and Printing?

Works for me. There would still be a guy named George on the $1. Floyd this time.

[jon-nyc]

I was a cash buyer in 2013 when we moved to the burbs, and I’m a patiently-waiting cash buyer now, waiting for prices to drop more.

[Horace]

I'd rather bet the house in the stock market than the housing market.

[jon-nyc]

@Horace

The problem is I was born with a short position in housing that I, or someone on my behalf, has always had to cover.

[Horace]

@jon-nyc said in All-Cash Home Buying, a rising trend:

@Horace

The problem is I was born with a short position in housing that I, or someone on my behalf, has always had to cover.

I don't see how that affects the decision of putting money into the stock market, or a house.

[jon-nyc]

Well I have to put money of some sort into housing.

I’m practice, I’ve done both. Far more in the market than in housing

[Horace]

@jon-nyc said in All-Cash Home Buying, a rising trend:

Well I have to put money of some sort into housing.

I’m practice, I’ve done both. Far more in the market than in housing

I'm sure we all understand the house represents a small fraction of your money. I was just curious about how a theoretical short housing position one is born into, translates meaningfully into capital allocation decisions when it comes time to buy a home.

[jon-nyc]

Homes cost money, unfortunately.

[Horace]

@jon-nyc said in All-Cash Home Buying, a rising trend:

Homes cost money, unfortunately.

They also cost time, that most fleeting resource.