Quote:
Originally Posted by biosurfer1
There is another option besides the "bubble bursting", and one I think could very likely happen.
The craziness dies down and home prices stay relatively stable/flat for an extended period of time.
So that house across the street that is crazy to think is worth $800k, is still worth $800k 10 years from now.
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^^^^ this
We just bought a 2nd home today. We plan on using as a cottage now and possible retirement in the future. I fully expect it to stay stagnant over next 10 years. Hopefully not fall. Thought about waiting for a crash or correction but it may not happen. Plus if we wait 5 more years kids will be gone and those summer weekends will be gone, and 5 more years off my life.
May the 4th be with us!!