You bought at just the right time. Would buying the same property at 95% LTV be a great decision today?
With potential for a major loss, where’s the asymmetric upside the OP asked about?
I bought 6 years ago and prices remained flat for the first 4 years. It wasn’t until the pandemic fuelled boom that I saw any meaningful growth.
Had I chosen to sell before 2020 it would have been a negative “investment” once costs had been factored in.
You bought at just the right time. Would buying the same property at 95% LTV be a great decision today?
With potential for a major loss, where’s the asymmetric upside the OP asked about?
I bought 6 years ago and prices remained flat for the first 4 years. It wasn’t until the pandemic fuelled boom that I saw any meaningful growth.
Had I chosen to sell before 2020 it would have been a negative “investment” once costs had been factored in.