Found a nice house, top of our price range, but requires us to move from our low priced starter home. The economy seems like a mess and economics was never my forte. Is it a bad decision to try to move up given current trends?
Found a nice house, top of our price range, but requires us to move from our low priced starter home. The economy seems like a mess and economics was never my forte. Is it a bad decision to try to move up given current trends?
Seems pretty volatile in most countries right now so would depend on how stable you believe your income is and if you could comfortably afford the total cost of ownership (expensive houses tend to have higher property taxes, insurance and financing costs, etc).
Me personally, I probably wouldn’t stretch my finances right now with all the uncertainty just so I don’t stress about making ends meet if my situation changes. But everyones’ circumstances and risk tolerances are different.