By the time I had gotten myself in a position where I felt I could buy property, I found myself simply priced out. And I make, by myself, above the median household income for San Diego.
I, at first, was somewhat bitter about the whole affair, but after some introspection the logical side of me took hold.
“Well”, I said to myself, “If I make above the median, and I can’t afford a home, who/what is fueling this boom?”
My quest for answers led me to this blog and ultimately being at peace with renting. Find a rental you are happy with; save, save, save and just wait this mess out. You may feel you are in bad situation now (and we are), but things will come around.
And when they do, you will have the cash and good credit to take advantage of them, instead of an interest-only-albatross around your neck.
