Comments on: The Bitter Truth of Saving for a House http://www.moneymythos.com/2007/05/02/the-bitter-truth-of-saving-for-a-house/ A narrative financial and investment column Fri, 21 Nov 2008 11:47:43 +0000 http://wordpress.org/?v=2.6.2 By: broknowrchlatr http://www.moneymythos.com/2007/05/02/the-bitter-truth-of-saving-for-a-house/#comment-2 broknowrchlatr Fri, 04 May 2007 12:17:59 +0000 http://www.moneymythos.com/2007/05/02/the-bitter-truth-of-saving-for-a-house/#comment-2 Good luck with the savings. I was in a similar situation a few years ago. I ended up buying a cheaper house earlier. Then, my plan is to stay there for 8-10 years total and then build the house I really want. To me, it ends up cheaper to take a couple steps to get to my dream house than to do it all in one fail swoop. I don't know if you are saying that $375k buys your dream house. But, if it is at the limit of what you can afford to buy when you get it, it will likley be a long time before you can upgrade from there. Good luck with the savings. I was in a similar situation a few years ago. I ended up buying a cheaper house earlier. Then, my plan is to stay there for 8-10 years total and then build the house I really want. To me, it ends up cheaper to take a couple steps to get to my dream house than to do it all in one fail swoop.

I don’t know if you are saying that $375k buys your dream house. But, if it is at the limit of what you can afford to buy when you get it, it will likley be a long time before you can upgrade from there.

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