Amen. It's actually better buying a car for $200,000 then a home right now. Then again, unless its a fuel cell vehicle maybe $200,000 on a tomato garden is the best. lol
If someone can afford and keep up with their mortgage and someone is comfortable with where they are, then just keep up with the payments and like you said...be patient.
It Might not be 5 years but at least its enjoyable living there. I think the mentality of not being able to get out for a profit is hurting the home owner. They look at the expense and start wondering why.
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