[quote=scaredycat]the appreciation is a gain for FHA or 20%. in order to meaningfully compare the 20% v FHA, have to take out gain/flat from the equation.[/quote]
Why would you take out gain/flat out of the equation, yet leave decline? Are you 100% sure price will fall by 20% by the time you want to move in 8 years? Wouldn’t you want to calculate all the scenarios? You also just brought up 11 years vs 8 years, that change the calculation quite a bit as well.
