Home › Forums › Housing › Long time Pigg viewer is trying to run the numbers. › There’s always the question
There’s always the question “will you atually be employed in Winter of 2009?”
I think everyone needs to seriously consider the risk of this. The economic bad news seems to be coming in an endless stream now.
Your down payment cash may need to towards paying rent for several months. If it is already spent on a purchase, there goes your cushion.
It makes alot of sense to wait until we are past the recession to buy, just on the chance your employment situation changes.
