Adding onto what OP said, housing prices have literally more than doubled in the past two years, and interest rates were at record lows during that time, especially in 2020
They doubled before, they’ll double again, and crash.
When you sell the house at a huge profit, you’ll have to spend all again to buy one back, probably more as you have transfer costs, decorate, move,… Yes, houses have economical value, but for all it’s a necessity to be able to live in one.
Adding onto what OP said, housing prices have literally more than doubled in the past two years, and interest rates were at record lows during that time, especially in 2020
They doubled before, they’ll double again, and crash.
When you sell the house at a huge profit, you’ll have to spend all again to buy one back, probably more as you have transfer costs, decorate, move,… Yes, houses have economical value, but for all it’s a necessity to be able to live in one.