tripathy

I'm thinking of a condo, but I'm also keeping my eye on the real-estate roller coaster. It's sort of common sense that owning a house only makes sense if the price of the house rises significantly within the time you own it, enough to pay back maintenance, repairs, and the taxes and fees associated with buying and selling. I'm not terribly sure of my timeline here, so the idea of buying on a bet that house prices will be up significantly enough that I can sell at a profit in two to three years is slightly disturbing to me.