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Reply to "Housing prices are nuts. Did you buy anyway?"
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[quote=Anonymous][quote=Anonymous]Did none of you live here in 2005?[/quote] I'm the poster above who is buying a close in townhouse, and yes, I remember. My brother still has the house he bought in an exurb with a zero down, interest only loan hanging over him. I'm hoping that with a big downpayment and conventional financing that in the long term (10+ years) we will be ahead of renting, but who really knows. I am anticipating some kind of correction in the next few years, but we need to live somewhere, so...[/quote]
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