Time to buy??

I made the mistake of NOT buying MORE...
For those that missed the boat, go ahead....voice your anger and frustration.

Yes, and that's why the bears bought then. So now their securities are worth double.

And your crumbling facade that's sinking into the Superfund site it was built upon?

Actually if you are a first-time buyer I think now is a fantastic time to leave New York for a mid-sized city with a good university, assuming the job opportunities are appropriate. Or roll the dice and buy in the Bronx. The time to buy is always when it makes sense financially and it doesn't leave one stretched. If you're willing to buy below your means, maybe, but not if you plan on adding to a family, have job insecurity, etc.

There are reasons for owning, but more I think in this climate for renting.

Exactly, Alan. I remember saying "don't buy" in 2006, 2007 & 2008. Then I bought in 2009. It's fun being up over 50% and having a 30 yr mortgage rate well below 4%.

Hope you guys are all doing well.

Hi aboutready, how was your vacation?

Don't you think that people here on Streeteasy, maybe they are here looking at living in NYC, not in some mid-sized city that even you can't bring yourself to go to. What keeps YOU here in NYC after all, it's not like you have a connections, or family you are concerned about, or a job.

My vacations are always fabulous, so no need to ask.

Aboutready, do you need a hug?

No.