CONCHO, I didn’t mean to keep the 20% in cash in a high inflation period. I totally agree with you that in high inflation period, it’s pretty safe to buy a house. It’s just that, we’re not in a high inflation period right now and scaredycat is thinking about buying now w/ FHA and walk if he becomes upside down. Which is 3.5%. Which, I think is likely to happen if he buys now. Right now is not a time to speculate in a house that is also your primary resident. Especially if you have a screen name of scaredycat.
