Quote:
quote:Originally posted by rmbbrave
I think we will but it is possible I'm wrong. If I am wrong and I wait until 2020 to buy a house and they don't get any cheaper then I've wasted 13 years.
Why wasted? That comment is assuming that house ownership is such an over-riding goal that it should be pursued at any cost. If renting is cheaper, then you're not wasting 13 years, you're saving money for 13 years. The fear of not owning a home shouldn't be the absolute end for those considering buying... that is arguably what has created the current market state. Housing is just one portion of the basket of goods you are able to purchase.