2 ms·
> I feel like I could wait another 3-5 years > who knows how high prices will have gone in the meantime. Devil's advocate but the average person might also ha
by MuffinFlavored 6y ago
> I feel like I could wait another 3-5 years
> who knows how high prices will have gone in the meantime.
Devil's advocate but the average person might also have 3-5 years more of savings + cost of living salary raises by then
- almost_usual 6y agoAgreed. Timing the housing market is like trying to time the stock market. If you can afford a home, want to buy one, and it’s in a location you want to be in, it makes sense to buy.
- bombcar 6y agoIf the area you’re looking at has land supply (I.e, empty lots and not all built up) I would wait - there is a new house supply crunch caused by inflated materials cost caused by drops in production during covid. Those at least should level out at some point and supply in those areas increase. All bets are off in built up metro areas. Be sure you won’t have regrets if you end up having to stay there 10+ years.