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Reply to "Why is DCUM SO conservative with housing?"
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[quote=Anonymous]Because we bought last year, when we were afraid one of us would lose his job, so we were budgeting for one income. Kicking myself a bit now because I figured we'd move up someday, but with housing priced rising 20% a year and salary plateaued in comparison, I now wish we'd stretched. Of course, thats a gamble, if we had bought bigger and were now digging into savings to pay the mortgage on one income or not saving for retirement at all I would probably regret THAT. [/quote]
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