Well, what can I say? Good luck and more power to you! As for when I’ll buy, it is going to be when my favorite metric (present value of future rents divided by future homeowner costs) gets back in line. But I’m not kidding myself that I’ll be able to “time the bottom”. Once I find an entry point that looks reasonable to me, I will choose buying over renting. If the market continues to go down a while after that (overshooting on the down side), I won’t sweat it.
