Skip to main content
No. of Recommendations: 2
Let me tell you a short story.

A few years ago, the company I work for in CA, hired a guy from the Washington, DC area.

Between the time he accepted the job and the time he actually moved out here, housing prices had gone up substantially, so he and his wife decided to "wait for prices to come down".

Two years later, prices hadn't gone down, his wife was tired of living in a apartment, and he asked to be taken back at his old job in DC with his tail between his legs.

The job took him back, but when he got there, they discovered that they didn't really have enough for a down payment in a good area. So, essentially what they got for their efforts was two moves, two years of apartment living, and a significantly downsized house in both square footage and neighborhood.

If you can afford to keep the house, keep it.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.