These posts do seem a little personal, but it is tough to reconcile when a post starts with talk of saving $10-20k and college tuition and then ends with comparisons of G5s and BMWs.
Most of us here seem to agree that real estate might be a depreciating asset over the next n-years, but I sense there’s no such division as to which way the price of a car might go.
Also, when it comes right down to it, a lot of people end up being pretty selective about a lot of things they purchase. People will buy (or not buy) something just becuase of what color it is. Things like rear-wheel drive and swimming pools are just additional variables.
Talk of bidding on 5 homes is fun and delightfully mean-spirited, but seriously, I can’t imagine finding 5 homes at the same time that I’d actually want (even with all this inventory!)
Sure, I could find plenty that I’d settle for, but why would you do such a thing in a buyer’s market? (and don’t confuse this with me saying it’s a good time to buy)
