The back and forth is interesting. Bottom line for me though is 1. don’t buy at the top of a bubble; 2. always buy in a good neighborhood with good schools and a minimal number of rented properties; 3. stretch a little, but don’t be crazy with the finances; 4. get a good loan; and 5. stay put for a long time and take care of your property. Do all these, and yeah I think you are much better off buying — both financially and quality of life wise.
Regarding no. 1, well we are not at the top of the bubble now, but we are not in 1997-1998 relative territory either….good luck.
