housingfreefall, thanks for your great story. You’re a fine example of what smart Piggingtions have been advocating. 🙂 You’re living in a nice place and you’re saving money.
Also don’t forget interest on the $170k downpayment, money that would sit idle if you had put it towards a house.
From what I understand, all of 5th Avenue will be condo row, from Hillcrest to Downtown, so you’ll have plenty of choices in Bankers Hill as time progresses. At the rate you’re going, you’ll be able to pay cash for a top floor condo at the trough. Great job!!
Keep on tracking the buy vs. rent scenarios and update us on your progress as times goes by. It’ll be a good learning experience for us all.
