Home › Forums › Housing › 2009 Conforming Loan Limits Jump › sdrealtor wrote: Keep waiting
[quote=sdrealtor] Keep waiting or get on with living. [/quote]
Is that insinuating that all of us waiting for this mess to finish unraveling are not living just b/c we rent? {hands on hips – fire from eyes}
Do I really want to tie up 20% (70k), when in a years time there is real potential for it to be reduced 20%?
Though I would not buy for investment (buy to live there for a while), financially, it still doesn’t sound like a good investment of my money.
8k is not an incentive when there’s a good chance the place could drop in value 50-100k in a year.