Question about my dad's 'buy a house now' advice from 2020
He said to ignore the high prices and just get in, but now my mortgage is $3,200 a month and I'm house-poor. Anyone else get burned by older generation 'just tough it out' financial advice?
My uncle gave me the same advice in 2019 and I'm still kicking myself. patricia317 is right, their whole idea of a fair price is just gone now. It feels like a lot of that old school advice is based on a world that doesn't exist anymore.