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re: Purchases you regret

Posted on 2/19/19 at 2:34 pm to
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 2/19/19 at 2:34 pm to
Biggest is our current house. Mostly because it was a foreclosure that needed work, we bought it just before the financial crisis in 2004, and my wife was in banking at the time and saw a pretty substantial cut in pay. So most of the work we had planned to do to it got deferred. What started out as a 5 year "flip" house has turned into a now 15 year residence, and we'll probably stick it out until the youngest graduates high school. We have a lot of equity in it and it's in a highly desired subdivision, so it wasn't a horrible financial decision, just not the house I would have chosen to live in this long.

Oh well, live and learn I guess.
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