DW I understand exactly what you are saying. Over the past year we have seen quite a few Piggs throw in the towel and purchase homes. In some of the cases I think they did feel that they got a smoking deal and discussed it accordingly. In other cases I think they just found a place that made sense for them, (both financially and emotionally) rather then getting a great deal.
Your point is well taken but I think the purchases by Piggs over the past 6 months clearly displays the differential in valuations of price verses having a home to own rather then rent. For those that have already made a purchase they put more emphasis on the latter then the former. I am not saying either one is better. Personally I haven’t bought yet but moreso because of not finding what I want. It is simply a personal choice right?