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Reply to "If you didn’t like anything you could afford..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re renting and waiting for a market crash. And if that doesn’t happen before a job opportunity in a cheaper city, we’ll move. We’re too old and we work too hard to play this real estate game where we have to live in -and pay interest on - an expensive shitbox. [/quote] My sentiments exactly. You just made me feel better.[/quote] When the market crashed last time, there were people convinced that it wasn't done falling. Even after the rebound, some people were waiting "for the other shoe to drop". In the case of the market today, a recession may lower home prices but you won't see 2009/2010 pricing again. Remember, that recession was caused by a collapse in the housing market. The next recession will likely be caused by something else and because of that, any drop in home prices won't be the sort you saw last time.[/quote]
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