1. whether you are able to use your money, since you hold a lot of cash right now. If you can get very good return from stocks … probably it is reasonable to stay as renters for a few years.
2. the house price will not go down 30%, not mentioned the rent cost set a limit for how low the house price can be (comparing rent a house to own a similar house, it dones’t make sense to compare renting a 1 br apartment to owning a 3-4 br house with private yard)
3. what and where you want to buy. The bottom is different from area to area …
