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Old 05-06-2006, 11:44 AM   #600
scaeagles
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Quote:
Originally Posted by Ghoulish Delight
That's easy to say for someone who already owns a house. But unspent money has very real value to me when how much I have in the bank is the difference between owning a home and continuing to live in an apartment.
There's give and take in everything, though. I am certain you could afford a home right now on the outskirts of Phoenix. I am also certain that you are unwilling to move - due to job, attachments, whatever - in order to purchase a home in Phoenix.

So your home purchasing money is devalued by where you wish to purchase.
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