Tomato as you know, or maybe not if you are pretty new to the board, that there are people here who will never acknowledge any reason to buy a home with downside risk still inherent in the market. Discussions about family harmony, not having to deal with landlords, giving something to your spouse or family that they want have at times been completely dismissed.
The bottom line is that everyone has a reason to buy or not buy a home. Renting for some is fine but for others it is not. It is unfortunate that there are people who simply have no tolerance for it. Pretty much in thier eyes there are those who don’t buy and every other person is a knife catcher. While this may indeed be true, what is also true is that many of those who are catching that knife simply have a higher priority then buying at the bottom of the market… to the chagrin of many people.
There really is no argument about the market direction. However many people measure happiness in thier own lives by much more then findnng the bottom of the market.