Agreed with all said, the only thing that bums me out about the bond market part is that it may be 1 yr, 5 yrs, 10 yrs… who knows…so tailoring your decision to be bond market based may not be a good idea. What good is a great school district if your kids are closer to college then kindergarden after the wait? Consideration of alternate housing markets in other states makes more sense to me then trying to time the bond market if the decision is strictly based on dollars and sense. Even if you rationalize it and say I will not buy but I will rent, and your rent is double or triple the cost of a mortgage in another state with strong school districts… then which is the better decision?
