There are several flaws that may be seen in this scenario –
Time and money related to selling the house.
If you lived in this house, removal expenses may be included.
Tax, capital gains tax included?
If you have moved out after the sale, what is the comparative cost of accommodation that you may now be using?
$122,500 – Is this also taxed at the maximum rate, (as unearned income)?
Inflation – will your fiat money, ($122,500) lose it’s purchasing value?
Sure, there are many reasons for, “Selling a House”
Simply sell the house to make a profit – can you wait till the housing prices go down to purchase another one if required?
Again, is the cost of waiting for this unknown, (housing prices to lower) worth it?
However, what I have seen doesn’t really stack up as an alternate argument.
Signed
Gold Bug
This is not advice,
Do Your Own Research
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