/biz/ - Business & Finance

You LOVE me? Have you been at a mushroom party, Jez? That's mushroom talk.

I "own" a place that is increasing in value due to location, but it's a tiny townhouse. HOA fees rape me up the ass. I want to move to a bigger house with lower HOAs and a yard. Went under contract with a house in January, but pulled the plug when there were some issues with repairs and wet feet with chink virus looming.

I guess I made the right choice, seeing as the market could be collapsing. Dunno. I pay a higher interest rate and a much higher HOA to live in a tiny place - the only benefit of which is location, which doesn't actually matter to me because I don't work nearby anyways. Should I refinance? Should I be looking to buy now? Or wait for a market crater?