My guess is that you don’t have much to put down on this house. Just a guess. But, I can only imagine that this type of thinking can only happen with other people’s money.
You seem to know the price is going down at least another $70,000 and yet you are still considering buying. If that money were in your bank account, then you might be a little more conservative with your decision.
When I buy…I will buy with my own cash. I have done a lot of saving and am in a great position. I can’t bear to think about losing that type of money.
