Loading…
33
Back in 2018, I had to pick between a condo in Hamilton or a townhouse in Burlington.
The condo was newer and cheaper at $425k, but the townhouse had a small yard for our dog. We went with the townhouse, even though it stretched our budget. Looking at prices now, that extra $75k we spent feels like a bargain compared to today's market. Anyone else make a tough call like that a few years back and feel weirdly lucky about it now?
3 comments
Log in to join the discussion
Log In3 Comments
baker.mary7mo ago
We bought a fixer-upper in a neighborhood everyone said was just okay. It felt like a huge risk at the time, but we needed to get into the market somehow. Now the area's totally turned around and we have so much equity. Makes you wonder if any choice is really the wrong one when prices just keep going up, right?
1
aaronlee7mo ago
Remember that not every choice works out. My cousin bought a pre-con condo in 2018 that got delayed for years. By the time it finally closed, the market had dipped and similar units were selling for less than his contract price. He's stuck. So yeah, some choices can definitely be wrong even in a hot market. Luck plays a bigger part than people admit.
1
samw475mo ago
Gotta disagree a bit Mary. Your story worked out but luck was the biggest factor there, not some rule that all choices are good. That's survivorship bias talking.
1