> I'll say though that buying a home may turn out to be a wise move if you can keep making the payments and things recover. Oh yes. I could lose my job and get

> I'll say though that buying a home may turn out to be a wise move if you can keep making the payments and things recover. Oh yes. I could lose my job and get a new one with zero equity compensation and a 33% cut to base, and I’d still be pretty comfortable paying everything. And that’s by myself, not accounting for any of my wife’s income. > currently running $1T USD deficits annually, and that after a spike in tax receipts due to asset inflation Yes. I forecast this means more inflation. Or politicians choosing to actually make hard decisions and pay the price for their policies, which will happen only after much more inflation. I have locked in the price of shelter for the next 30 years and the more inflation the better this real estate deal looks.