And as always, a person would be wise to buy a home of value they can afford to lose in case of an unforeseen event for which they do not have insurance or cannot get it.
I think many are buying far more house than they need and might be able to afford in the future. I'd err on the side of smaller and more affordable and fixed up really nicely, just for the eventuality of sudden skyrocketing inflation or other economic disaster that could make all the wheels fall off at once.
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