Quote:
Originally Posted by westopher
+1 for a guy here who is a in a similar financial position, although being that I really want to stay in the area I am in the range of places I'd be looking at are about 50k higher. I honestly don't think I'm comfortable with the money I have to put down on the price I'm looking at when doing all the math, but my opinions of that change daily.
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If your priority is the area, and you want the space you're currently in or something similar, think about it as an extra $50k over 30 or even 25 years. It's probably not the best mathematical way to think about it, but that's where the intangibles of emotion become involved. They say money doesn't buy happiness. But this is at least your attempt to try and get some of that. You cannot, and its impossible to, make the decision to buy based solely on the math. That's just my take. There are other factors and values that you just can't quantify with a dollar figure. And you will never be able to take the emotional factor out of this decision, and I disagree that one should even try to do that.
It's difficult to ever fully be comfortable dealing with a big decision like this, unless you're just rolling it in or working as an international playboy.
But as your opinions seem to be flip flopping on this regularly, I'm sure all of the above have cross your mind at one point or another.