Tech Ticker Mocks Me-- Openly

See, this is why Aaron and I are frenemies! Just as I'm going through the final, painful moments of buying a house-- "Um, Ms. Lacy can you tell us the date you moved into that house you lived in more than ten years ago?"-- Aaron posts this video about why you would have to be an idiot to buy a house right now. Fortunately many of the points have nothing to do with San Francisco, where there's not infinite supply and competitive bidding still takes place. Besides, I think the piece ignores the fact that not everyone buys a house as sheer investment. It's frequently an emotional or lifestyle decision, and I'm not sure that's a bad thing as long as you plan on living there a while.

At any rate, if you *aren't* buying a house and want to feel good about it, watch this. The stuff about "real" rates is pretty interesting: