Both times I bought houses with in five years or less, it was cheaper to pay a loan then rent.
I have had my present house since 2001. In the first five years, it doubled its value. In the last five years with the Great Baby Bush Depression, the value has increased 30% more. It is all about location, location, location.
+1 congrats too!
Mamiya: 7 II, RZ67 Pro II / Canon: 1V, AE-1, 5DmkII / Kodak: No 1 Pocket Autographic, No 1A Pocket Autographic | Sent w/ iPhone using Tapatalk
~Stone | "...of course, that's just my opinion. I could be wrong."~Dennis Miller