patientlywaiting and JWM, I agree that if your job is not secure and your salary is considered high relative to your position, then yes, housing price is the least of your worry. What if you work for the health care industry? Do you foresee people getting less sick with the coming recession? Two nurses working 1-2 extra shift can easily make $200k/year between them. I foresee people getting more sick, not less. So I’d consider that pretty recession proof. If that’s the case, employment for them is not a worry.
patientlywaiting, your adding in options and such on top of the $600k price. What if the builder give those options as an incentive without raising the price? I highly doubt a house will lose 50% from the currently level, since it already lose about 10-30% already, depending on the area.
I highly doubt that a nagging person would stop nagging after high school. Would you recommend someone divorce their wife because she acts in a way that YOU dislike, the the husband?
