SacRenter_IHB
New member
<p>We moved to Sacramento last spring. My husband is a pastor at a large church in the suburbs and after going through the sticker shock of housing prices here compared to the housing prices of a smallish steel belt city we decided to rent. </p>
<p>This was a more difficult decision than it should have been because everyone assumed we would buy. Our new employer had graciously set aside entire days for realtors and financial wizards to meet with us. Naturally they all told us that last spring was the perfect time to buy because prices were down and they were only going up. </p>
<p>But we knew the realities of our finances and were dead set against spending 50% of our income on a house. We also learned alot about Sacramento housing from reading Casey Sterins blog. The guy is a loser but sure helped us cut through the nonsense that people were trying to sell us regarding west coast real estate.</p>
<p>Just yesterday we found out that yet another co-worker and friend who had bought in the past 5 years is now upside down on their home and in danger of losing it. This is the 3rd co-worker in less than a year. </p>
<p>I'm glad you guys are here speaking out about the truth of the housing market. Not a week goes by when we aren't approached by someone trying to convince us that we need to buy right away. I've never lived in a culture as obsessed with real esate as this area. You are a much needed voice of reason against the insanity. Keep up the good work, Irvinerenter! </p>
<p>This was a more difficult decision than it should have been because everyone assumed we would buy. Our new employer had graciously set aside entire days for realtors and financial wizards to meet with us. Naturally they all told us that last spring was the perfect time to buy because prices were down and they were only going up. </p>
<p>But we knew the realities of our finances and were dead set against spending 50% of our income on a house. We also learned alot about Sacramento housing from reading Casey Sterins blog. The guy is a loser but sure helped us cut through the nonsense that people were trying to sell us regarding west coast real estate.</p>
<p>Just yesterday we found out that yet another co-worker and friend who had bought in the past 5 years is now upside down on their home and in danger of losing it. This is the 3rd co-worker in less than a year. </p>
<p>I'm glad you guys are here speaking out about the truth of the housing market. Not a week goes by when we aren't approached by someone trying to convince us that we need to buy right away. I've never lived in a culture as obsessed with real esate as this area. You are a much needed voice of reason against the insanity. Keep up the good work, Irvinerenter! </p>