Former, all that you say is true, for me it is a matter of timing. Like alot of us on the sidelines I would be happier buying back in but even happier buying back in at the lowest price possible. I see many reasons to wait but I am also not blind to the fundamentals. I need to avoid being greedy and missing it. 18 months ago I told myself that I will buy back in when I can get a sfr over 2000 sq ft between 300 and 400k. My reasons were all about math. With 20% down I would be paying between 20 and 30% of my gross monthly income for PITI, income tax benefits just make it even better and things would be inline with rents. Well, it’s happening, so now what? I am about to re-adjust my goal prices again and I use this site like an alcoholic uses AA meetings. You forced me to run my numbers today using the houses I am looking at and I can honestly say they are inline with rent and it would be a wash for me to buy, I feel like that alcoholic who just got offered a free drink, I need to go to another meeting.