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RichardKennaway comments on Open thread, July 28 - August 3, 2014 - Less Wrong Discussion

5 Post author: polymathwannabe 28 July 2014 08:27PM

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Comment author: RichardKennaway 30 July 2014 08:37:17AM 7 points [-]

"if you can not afford to buy it twice, you can't afford it in the first place"

An excellent maxim, which has crystallised for me why I am so reluctant to move to a bigger house, even though I would like one, and I could buy one immediately for cash plus the price I'd get for my current house. It's because I can't afford to do that twice. With an extra cost-of-a-house in the bank I might.