I confess that one of the worst decisions I’ve ever made was to sell my place, thinking that I’d be able to buy another one. I lost my career many years ago, and because of the financial crisis happening at the same time I wasn’t able to find a new job. So I sold it (made a great profit) and rented, assuming it would be a temporary situation. It wasn’t. Thanks to the massive influx of foreign buyers and crooks into our housing market, prices escalated into the stratosphere and I’ve been renting ever since. Now I’m a senior living in a precarious housing situation, wondering when (not if) I’m going to be homeless. My advice? If you own your own place, don’t sell it unless it’s truly the last resort.