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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Doughboy who wrote (7252)	12/11/2002 1:42:45 PM
From: reaper	Read Replies (1) \| Respond to of 306849

well, OK, i'll agree with you to the extent that you consider there is no down side to being foreclosed on, having your credit rating ruined and having to move your two daughters out of your home under threat of forcible removal by the county sheriff. also, i don't know why i HAVE TO assume that her home is nicer than the apartment she is in. i don't mean to say all of the US is like Boston (as it is very likely not) but i can assure you that in my home town you can rent an equivalent condo to what you can buy (anywhere in Back Bay / South End / North End / Brookline / Charlestown / Cambridge) MUCH MUCH MUCH (on the order of 15-20% difference in monthly payments) cheaper. Cheers