Just wanted to comment that after thinking my post over, I now agree with peterb.

So I no longer agree with the part of my original thread suggesting BUYING A HOUSE NOW. I agree with peterb that it is much smarter to HOLD on any major financial decisions and watch to see which direction this financial meltdown goes.

The odds of a true 0% CPI in the next 6 months are now very good due to the huge commodities price drop in the prior 6 months.

I also COMPLETELY agree with that. The more I read this peterb, the more I respect his opinions