Reply to Housing prices are nuts. Did you buy anyway?

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Reply to "Housing prices are nuts. Did you buy anyway?"

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[quote=Anonymous][quote=Anonymous]OP here. Yes, we do own. We can certainly make it in our current house, but it requires a decent amount of planning to live simply (ie limited storage, small closets, and just generally not much space so we must consider the scale of any furniture we purchase, constantly weed through belongings for the kids, etc). We've considered upgrading with the appreciation that we've seen in the neighborhood (same footprint houses up and down our street selling for $100-150k more than DH paid when he bought in 2009). BUT it still means a bigger mortgage as the equity/appreciation is not enough to get into a bigger house without a significant increase in what we spend monthly, which we just don't want to do right now with two children in day care.

Anyway, its not that I think this area should be cheap, but I guess I just don't want to dump every cent I make into a house, which is the reason we stay in our 2BR. [/quote]

Here's the thing if you continue to wait, then when you run out of space and kids get bigger; what if you cant buy in your same school district?
Then, all you did was tradeoff time to be happy and settled for cost.[/quote]

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