Rustico, I’ll be buying as my primary resident and will be in it at least 5-10 years before renting it out and have my tenant pay the rest of my mortgage. So every year I wait, I’m speculating that price will go down further to offset the price different between rent vs mortgage interest every year. As I said, it’s a speculation, because there’s a possibility that price either stay flat or rates will go up to offset any price decline. That’s the risk I’m taking, hoping it’ll pay off.
