as hawk said, i was talking about the difference in valuations. more to the point, i didn’t think that the comparison between buying high and holding in the 90’s compared well with doing so today. maybe it does. but comparing wage trends in the 90’s with those of the 00’s, i don’t think so.

it was also a general comment and not one specific to relo. i dont know their financial situation and how stable they are. from personal experience, a single middle class wage earner in the 90’s could afford to buy high in the 90’s and tough it out. buying high today with mandatory dual income is what i’d consider precarious.

not to mention, what you got for your money: 300k in the 90’s for new vs 550k for beat.