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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-06-11 05:04 PM
Response to Reply #41
61. We hail from the same city....
Edited on Tue Dec-06-11 05:05 PM by AnneD
I survived the Savings and Loan scandal, RE bust (remember baloon mortgages),and oil bust that hit Houston hard in the 80's.

I saw the housing bubble and stock run up in 2006. Got out of the market and told hubby we would continue to rent-even though we were better qualified than most. Hubby fussed but he doesn't fuss too loud any more.

Even though we qualify, I don't think there is true discovery of housing prices yet, even in Houston (I go to the Sheriff's auctions).

I am glad you stuck with your principles. You sleep better at night and you really do get ahead in the long run.

Kudos to ya kid.
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