Quote:
Originally Posted by MarkyMark
has there ever been a more uncertain time to get in?
It ain't like you might lose 20k in value, there's a real possibility you could lose 100k in the next couple years if you bought in the last year or so.
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Well back when mortgages were 20%, I'd say that was a pretty rough time to buy too. But many still did, and not just 1 house, and are also realizing these gains in recent years by seeking their 2nd/3rd houses and cashing in. They put in the hard work during the rough times to make it work, took the risk at a seemingly poor time to buy, and you can call them lucky all you want that the market has risen astronomically over the past 5 years.
Quote:
Originally Posted by IGTBAR
These articles make me totally curious to see what everyone's budget is and how they allocate their funds - doesn't need to be exact numbers can be percentages based on income.
Might be interesting to see how similar (or different) we all are.
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First 5 years of our marriage we budgeted $300 a month on food; groceries and eating out. We lived comfortably but not extravagantly, never had to resort to KD or instant noodle meals. We're both frugal, buy groceries based on what's on sale vs what we were craving at that moment. Usually ate out at a fancy places couple times a year for special occasions