scaredy – I think you nailed it. I’ve often compared it to being married. For a while, when I was younger and more oblivious, buying a house was easier than having a relationship. I was single when I bought and felt I had control over my finances to the point I was comfortable buying.
Now that I’m married and we’re looking to buy, I say I had less fear getting married than buying a house in these economic times. IMO the market is still somewhat volatile, at least along the coast.
You are making a commitment to both. Yet really, especially nowadays, there are options. Marriage goes bad – divorce. Can’t afford the house – walk. All is forgiven.
I guess only for old-school folks, these are not options. We make decisions w/serious intent and not lightly.
