Not sure if this belong in this specific thread, but not sure where else to ask. We're currently in the middle of house hunting with our condo on the market, and we were just contemplating lowering the price on it to sell it quicker and get a house. Now I'm not so sure, with the pandemic and oil price wars that seems like a pretty good recipe for another recession. I originally bought this condo in 2007, and a year later lost 30% of my value overnight when the '08 crash happened. I really don't want to repeat that mistake with an asset twice the cost
Would you consider buying a house right now, or waiting until later in the year to see what happens?
|