Help me reason about this

So basically I just bought a $160K house for half a million.

The comps, other $160-200K houses are selling for $650K and up.

Sooner or later I’m gonna have to tell my mom I bought a house. I’m going to need an answer to explain why all the $160K houses are 500-600K now and why it’s okay that I bought one.

I feel good about my home, and I’m very comfortable with the purchase.

I just don’t know how I’m going to answer the inevitable question.

submitted by /u/anon343052
[link] [comments]

So basically I just bought a $160K house for half a million. The comps, other $160-200K houses are selling for $650K and up. Sooner or later I’m gonna have to tell my mom I bought a house. I’m going to need an answer to explain why all the $160K houses are 500-600K now and why it’s okay that I bought one. I feel good about my home, and I’m very comfortable with the purchase. I just don’t know how I’m going to answer the inevitable question. submitted by /u/anon343052 [link] [comments]

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