Quote Originally Posted by KJ3N View Post
Unlike a lot of people these days, we didn't buy the place as an investment. We plan to live here until we die. We don't care if it's not "perfect" or "new". I treat a house as a home to be lived in, not a financial tool. IMHO, too many people treat their houses as the latter. That's probably one of the reasons that so many people have mortgages that are now underwater.
It's also likely one of the reasons for the housing market collapse. Too many people betting on ever-rising home prices, and expecting quick flips, and moving like renters.