This thread is one of the many reasons I love CP. Right now, I'm leaning towards what Eagle Eye said in his first post. Fresh out of university, need to get the hell outta my parent's place, but just don't have the savings (but have minimal debt). Decent income, but not enough right now to put down the down payment/make mortgage payments. Fortunately, my dad's a real estate agent, so when I do get into the market (hopefully it settles down or my salary adjusts to market :P ), I'll be getting expert advice w/ no commissions to pay.
I forget right now who was talking about all of the purchasor conditions having to be gone, and that couldn't be more true. For a lot of properties, no conditions and tens of thousands of dollars more are needed to buy. It's actually quite tough for the Realtors right now because the supply just isn't there.
I'm hopeful things settle down a little, but I'm not holding my breath.
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