Ex-SD. I am not here to argue. I am here to see why people are throwing dates around like they are so certain. When I see wait until 2012 for the bottom written it irritates more than anything. It is irresponsible to throw dates like this around. When people call others dumb for buying now is also dumb. When people were buying in 2004-2005 did people call them dumb at the time? No. Looking back you can. What is someone with the money and large family going to do? Rent for 5 years until 2012? Hell no. people need to live life today and not wait for something they have no idea will ever happen. If you’re looking to flip then a home is not the right purchase. But if you’re looking to live here for work and raise a family then by all means buy. As long as you can make the payments then who really cares what happens to the market. When you live in an area where everyone bought close the the millions and you got in for $750k today then what do you have to worry about? The rest of the area should worry but you don’t if you have a 30 year that you can afford.
Most people on here talk like people don’t get paid. I’m sorry to say it but there are a lot of people that make great incomes and owning a home here is no big deal. How they hell have people been able to afford SF and OC homes over the last 10 years? How do people afford to live in NY? They make money and can afford it. I’d rather live in a nice house and drive a camry than rent and drive a Mercedes 500 or a Porsche 911 live most people do where I currently live. It is a joke. They’d rather drive a piece of shit high prices car around than own a home. I want to take care of my kids and raising them in a small apartment or renting a house and paying someone elses mortgage is not my idea of being ‘Smart’ as most of you think it is. It is always easy to be pissed at others that have what you don’t. That is the sentiment that I get here. Lots of envious people that hope bad things happens to others so they can benefit.
