Vertigo,
I’ll bite.
After a divorce I saw home prices soar. I could take what little was left and risk it all or wait and make someone else more wealthy by paying them rent – and sucking in my pride. I have done this for almost 4 years.
I think that your viewpoint is either designed to create a “interesting discussion” or is completely offbase.
I personally believe that if home prices come back to an affordable level (by no means a given – I stress about that) then I will buy a home.
Should my taxs go to sponsor someone else’s asset while I am without an asset? (if you are a little slow what I mean is that real estate is an asset)
