I’m looking for a place to live.. If I wait another 12 months, thats another $20,000 in rent.. Shouldn’t that be included in your calculations? If you’re comparing 2 scenarios involving time, I think rent should be included..
I don’t get this logic. If you buy, you’re paying interest instead of rent. I’m simplifying here, but if interest is more than rent, you loose. Either way you have to pay to have a roof over your head.
I agree that it’s way too early to even think about making offers, much less submit offers.
