That is actually an easy one to ansWer. If prices have stopped going down, but still may take years to go up, why rent and give your money away? Why not better to buy now and benefit from deductible mortgage interest and building equity with each payment?
FormerSanDiegan you are absolutely correct and I am not trying to prove otherwise. It may have come across that way, but I concur with you – however I also feel that perhaps we may see a more protracted period of flat real estate prices from here, rather than a continued steep decline. Time value of money or otherwise, “we’re closer to a bottom in prices than we are to the top”
FormerSanDiegan you are absolutely correct and I am not trying to prove otherwise. It may have come across that way, but I concur with you – however I also feel that perhaps we may see a more protracted period of flat real estate prices from here, rather than a continued steep decline. Time value of money or otherwise, “we’re closer to a bottom in prices than we are to the top”
FormerSanDiegan you are absolutely correct and I am not trying to prove otherwise. It may have come across that way, but I concur with you – however I also feel that perhaps we may see a more protracted period of flat real estate prices from here, rather than a continued steep decline. Time value of money or otherwise, “we’re closer to a bottom in prices than we are to the top”
FormerSanDiegan you are absolutely correct and I am not trying to prove otherwise. It may have come across that way, but I concur with you – however I also feel that perhaps we may see a more protracted period of flat real estate prices from here, rather than a continued steep decline. Time value of money or otherwise, “we’re closer to a bottom in prices than we are to the top”
