alt Hacker News> If you buy a house for $400k, and suddenly it is worth $300k, you don't need to be "bailed out" for your purchase decision. You should have been certain that the house was worth $400k to you at the time of purchase.
I think it's pretty normal for rational purchasers to consider the resale value of something that they purchase, and hand-waving that away doesn't make for a very serious argument.
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dgfitz • 08/01/2025
Very rarely does the value of a purchase increase over time. Literally the only examples I can come up with are things that are very old and rare, or a house.
Viewing a home as some kind of investment vehicle is everything wrong with the housing market today. It’s so wrong it makes my head spin.
I think it's pretty normal for resale to be less than purchase price. Considering it is important!
Making any guarantees as to the future worth of these items is craziness.