UCGal, yes, we’re planning on staying in the house until our pre-school age kids finish high school. We can imagine this as the last house we’d ever buy, but that’s getting pretty far ahead of ourselves. We have contingency savings. We’ll still be able to set aside retirement money and take vacations.
So, I certainly think we meet the buy criteria and wouldn’t be making an offer otherwise. Fair to ask though, because I’ve seen plenty of folks who think they’re both getting their foot in the door and will be able to move up in the not to terribly distant future. Big potential mistake/risk in my opinion.
