"My wife and I pocket over $4,000 per month cash and so far have about $160,000 cash for a down payment but we’ve never felt poorer. All of our friends have bought in the last few months."

chen at VREAA 28 May 2010 1:50 pm -

“I certainly feel the stigma of being a renter, guessing my wife does too, because she seems depressed about not owning. We have good stable jobs, no debt, we pocket over $4,000 per month cash (not including insurance + rsp’s) and so far have about $160,000 cash for a down payment but we’ve never felt poorer. In hindsight we should have just bought with a 0/40 in 2006 and I’d probably be better off today. All our friends have bought in the last few months and I feel like people pity us or something. I really don’t care, but it’s a weird feeling to say the least, perhaps I’m misreading people.”