Originally Posted by
gettinbumped
Understood. =(
I thought I was being smart because I never bought a house while I was at a regional because I knew that there was just no stability in my job there. So I waited until I'd been at a major for awhile and upgraded to Captain. Finally closed on my house July 2001. How's THAT for timing. =( Lost it about a year later when I could no longer make the payments.
Best of luck to all of you guys. Sincerely. This new policy BLOWS.
Well I'm on 3rd year FO pay at a regional and I bought a home. Many people say this is dumb, but when you spend $150k on a 4/2.5 brand new house and your total payment is $100 less than the 2/2 apartment you were in it makes the decision easier. It also helps to be a dual income household with no kids even if my better half is in the same industry.
Im sure back in 2001 the housing market was much more expensive and renting was lower.
I guess you can't ever plan this stuff. :/