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Reply to "Anyone NOT planning to buy anytime soon?"
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[quote=Anonymous]We rented for 5 years. That was at the time that "everyone" was buying- so rent was cheap (for DC). When we moved out of our 2bdrm 2.5 bth penthouse, it was when everyone started renting and WE were buying. They raised our rent for the new renter by $1000/month. Yep, $1000/month increase. We bought at the bottom. We have a 2200 sf home for less than what the apartment now charges. Had the market not hit bottom, though, we would have never bought here. It's all about timing.[/quote]
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