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by int_19h
1207 days ago
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Indeed. So, speaking as someone who lives in the Greater Seattle area, enjoys the local restaurants, and would like their head chefs to remain here - it is a problem, and I would like to solve it. Even if it means that my home equity might not be as valuable on paper as it would otherwise be in 10 years. |
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Think about it like this. What do you think of when you think about Indianapolis, or Kansas City, or Charlotte, etc.? Do those cities seem very desirable to you? Places you want to go and uproot your life to move to?
Probably not. Flat. Boring. Dog shit weather. Car-only infrastructure. (I know I live in a similar city for family/friends reasons)
You can’t solve this problem with less home equity - that’s a contradiction. The great things you enjoy are tied 1-1 inseparably from your home equity. The only way for your home equity to not be as valuable in ten years as it otherwise would be is to get rid of the very things that you enjoy!