Reply to Buying A House In This Craziness

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[quote=Anonymous][quote=Anonymous]Many of the people who are saying not to purchase a home are the same ones who would tell you not to buy stocks right now.  Never mind that you may see a very nice discount versus waiting a year or two.

It does take nerves of steel to step up in a challenging time, but those are the times you can also score better prices and over a long-enough time-frame a better investment too.

If that is not enough, think of the outcomes post-virus - more work from home, possibly less travel, desire for space from others.  If you can find a single family home you like and that you would enjoy living in, I would still move ahead and just negotiate.  A significant reason home prices increased in the early 2000s was a lot of tech money and people sheltering after 9/11.  That was a terrorist act in only a few locations.  What do you think will happen with a nationwide outbreak?  Everyone will be home more and want to enjoy their homes![/quote]

But I haven’t noticed any discounts? At most maybe $5-10k. [/quote]

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