Yes I’m in shock that anyone can justify buying a home now, regardless of their situation (kids, stability, I just like the home, whatever). I’m sure the kids would like it better if you spent that $50k on toys than on depreciation over the next couple months. Sheesh. That’s college tuition right there. That’s private school money. That’s a new Lexus.. that’s… thats… my god I’m rambling.
I did see that SD placed 16 on affordability, and I saw that they tied Detroit… DETROIT! For 3rd place in falling RE prices.