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RE: Home Ownership At Decades Low
This is really dependent on location. Here in CT, I couldn't imagine buying a home right now. They are overpriced for the average middle-class family. I'm holding out until either another crash and I can find some space cheaper, or I really build up my savings and I can put 40 or 50% down.
The thing is with cheap mortgages you end up paying about the same for rent and you actually own something. Its not always the case, but I dont know if I see the house values crashing any time soon.