Submitted by brinkofwarz t3_yfmrwi in wallstreetbets
UTGay91 t1_iu5z7pr wrote
Reply to comment by brinkofwarz in my dad wants to know if he should get a lawyer because he's losing money by brinkofwarz
Real estate will always go up! Everytime it falls, it just goes higher next time. Look at the cost of homes over the decades. Over 70% of net worth in the United States is in real estate! He’s just going to have to keep it for 5 years. Big deal!
That was the mistake. ARMs are dumb!
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