Hi PD – Funny, you and I are very similar. I also have no debt, pay cash for my cars (although I do buy new and hold them for a long time), am very frugal (it’s my Scotch heritage at work) and I also do my best to purchase stocks low (I am mostly a value investor) and also like to sell high (which I have found is difficult at best).

The main difference between you and I is I do not observe the current real estate market in quite the same way as you do and because of that, I operate in quite a different way. My perspective is one of curiosity and awe at where we have arrived in the property markets. It’s completely new territory and I am excited by the possibilities.

I believe there are many outcomes to a particular set of circumstances and history is a valuable guide but not a predictor of what those outcomes can/will be. Again, I simply observe and follow but never try to base my actions on what I think is going to happen, because I have never been correct operating from that position.

But both of us can achieve our objectives (home ownership), we simply are taking different paths because we have have different considerations driving our choices. You want to make the right financial moves and right now, home ownership doesn’t look like a good one. The way I operate is I can’t make the right financial moves unless I feel secure and stable and that equates to owning my own home.

Different strokes for different folks. And that is what makes this life so interesting!