D works with someone who is in the process of buying and selling their 4th house. Each time they do it, they've lost money. We don't get it.
The first time, it was because they realized they didn't like old houses as much as they thought.
The second time, it was because the new house didn't have enough character and felt bland.
The third time, it was because they wanted to try moving out to the country for some more space and then found it too isolating.
Now, the forth time, they want to be in a city where there are more services and are hoping the perfect house will finally be found.
Each of the homes have needed $20K - $25K worth of work so that has meant an equity line of credit which eventually gets wrapped into the next mortgage.
The time frames of house ownership have been between 2 - 4 years with the ages of this couple in the 30's.
If there was ever a scenario of "disposable housing", this is it.