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Let me tell you a short story.

A few years ago, the company I work for in CA, hired a guy from the Washington, DC area.

Between the time he accepted the job and the time he actually moved out here, housing prices had gone up substantially, so he and his wife decided to "wait for prices to come down".

Two years later, prices hadn't gone down, his wife was tired of living in a apartment, and he asked to be taken back at his old job in DC with his tail between his legs.

The job took him back, but when he got there, they discovered that they didn't really have enough for a down payment in a good area. So, essentially what they got for their efforts was two moves, two years of apartment living, and a significantly downsized house in both square footage and neighborhood.

If you can afford to keep the house, keep it.
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