Quote:
Originally Posted by J-bo09
I know! I have been saving to buy a place there, but that is the trade-off. I have actually rented my more "affordable" place, and now rent based on lifestyle. I could be waiting for a long time, as prices are very slowly creeping up. However, it is basically a guarantee that prices inner-city will rebound quicker.
Again setting a realistic budget is key. I just want to point out that saving some money for more space, does not matter if you are trading off some of your life.
Anyway, it comes down to decisions. Do you need to buy now? Can you save a bit more? Prices have dropped significantly in the city, and will likely only start to creep up from here. However, if it makes sense to be out there, you will know it.
***Disclaimer*** A long commute is probably my biggest pet-peeve, gear grinder, and as such, is placed very highly on my list. (5 years of deerfoot and McLeod may do the same to you)
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It so totally depends on your personal taste. For me, after living in Vancouver and dealing with similar commute times while living right in the city, driving to Okotoks in the same sort of time frame isn't a big issue.
It is a different lifestyle and mindset out there, although that is changing with the growth, some like it and some don't.
Definitely not a decision that should be made solely based on bang for your buck housing prices, for sure.