If you can afford to buy a house/condo should you do it to avoid rent?

[jaydub]

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Umm... I just did respond with facts.


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Not really but we'll get to that.

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You've made several incorrect generalizations previously about real estate in general and are continuing with this trend.


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Examples? It's ironic that you claim I make such generalizations while acting like a complete shill parroting NAR bullet points.

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You listed a ton of major metropolitan areas that would be easily recognized as non-qualifiers. I then specified the gulf coast


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Actually no I believe the complete content of your post was

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Gulf?


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I somehow failed to parse that into the discussed zips and supporting data. My bad.

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but since you want more specifics since I assume you have a wealth of real estate research tools at your finger tips to accurately gauge these things. You can check out Ono Island and Silverhill, both in AL. Maybe a decade ago v today?

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This is what you come up with to justify the statement:

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Some markets have been almost completely flat with normal 1-3% appreciation over the last decade, while other places have boomed. Frequently these places are within 50 miles of each other.


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Silverhill with a population of 616 people vs. a moderately well known private resort community and still no actual data, not like with a population of 616 that it would mean dick?

Glad I didn't hold my breath.

J