Reply to how on earth can we save a down payment?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]First home took me till age 37 to save up required down payment (1994).  Also had to pay off school loans, car, CCs, etc., before I could qualify, but once I was "in," was able to roll over to better homes over the next 20 years.

[b]I think purchasing your own property is more important than a college education (I have an advanced degree) - at least in this area. [/quote][/b]

How so? I don't get this. Renting isn't evil; I hate that attitude.[/quote]

Agreed.  I would actually disagree with the original quoted PP - in this area, housing is SO expensive that it may not be worth it to buy.  Especially right now, when we are inching back up to early 2000s bubble prices.[/quote]
+1

This.  We lived in a teeny apartment for years (with kids), and saved to buy our home, but that was a preference.  Given the higher mortgage cost and the amount of maintenance costs we pay on the older home we could afford, we would have been much better off renting (and using the extra $ to go out on vacation when our home felt cramped).[/quote]

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