btw...i have a friend who bought 5 years ago and after paying interest and fees all this time he can get roughly the same amount of money for the house !
he also didn't want to leave his 'urban' living style but he decided, like some on this forum are suggesting, it is worth sacrificing....
5 years on, family is on hold, marriage is little tense 'cose if they sell they leave with their hands empty (mind you, bank made a mint) and if they stay they cant afford to have children !
rent would've been much cheaper but they didn't want to be LEFT BEHIND !
they have some "knowitalls" to thank for the situation but i'm sure they'll tell them that : they were talking LONG TERM investment...