[JiriHrdina]

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)

I own a small house in the north end that I bought at the market peak. So unfortunately I'm losing big time on it. But the area we are in is not going in a direction we like, so we want out now.