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Real Estate
Reply to "buying now or waiting another year?"
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[quote=Anonymous][quote=Anonymous]OP you sound early 30s. are you really ready? or are you very recently married and do you now feel its the next logical life step and in a hurry to do all the "adult" stuff now? there's absolutely nothing wrong with slowing down and renting for 2-3 more years. lots of ppl your age rush into home buying only to realize they are overextended and don't have money leftover for vacations etc. or to have someone lose a job (or get divorced) or all sorts of other unforeseen circumstances. or you have your first child and realize you went too small only a few years earlier. but, if thats not you, now is maybe as good of a time to buy as any. rates are rising and inflation is likely going to impact rents within the next few years. [/quote] Rents will go down over the next few years if housing prices go down. They are tied to one another. [/quote]
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