Very well written and your thoughts are in line with my own; in Texas, we have insanely high property taxes, as we don't pay state income taxes, and I've seen others lose their homes to increasing property taxes; my colleague's property tax bill this past year was over $11,000-my yearly rent is only about $2,000 more! I came from the Bay Area, and saw so many cash-poor homeowners-they like to talk about the "equity" in their home, but in order to exercise that equity, they'd need to sell and move somewhere less exensive, which nobody wants to do/we all get comfortable with our routines and lifestyle. I'd actually say in general, most homeowners are cash-poor, as they tend to buy way more house than they need or can afford, and then the upkeep, remodels, etc. In general, I'm like your company-if you buy, plan to hold and don't try to time the market/flip the house...that's how people end up under water! Thanks so much for stopping by, and I appreciate your thoughtful response/am in agreement!