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These People Rushed to Buy Homes During Covid. Now They Regret It (wsj.com)
3 points by spchampion2 on Feb 12, 2021 | hide | past | favorite | 1 comment


> “I was really trying to get out of where I lived,” she said. “I spent five to six months looking. All of these factors made me say, ‘OK, I have to just face it, I can’t back out.’”

There's other options beyond buying. They could've cancelled their lease, and leased a different (maybe more spacious) apartment in a different part of the city. If you can afford to buy a house, you have the capital to temporarily spend a bit more on rent to get through the pandemic. Buying is such a drastic remedy to the problem.




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