Originally Posted by wcb22

we are moving to a booming real estate area, where the housing appreciation has been at least 10% / year for a while because it's a very touristy city. last year it went up 22%. with the housing market the way it is right now, i'm sure i can get a great deal given that it's a buyers market, big time.

anybody else out there have any opinions on this? i'd hate to waste 3 years of rent, especially when i could sell the place for $30,000-$40,000 more by the time I'm done with residency. but there's always the risk that it won't go up in price that much.

if there are any real estate savvy people out there, please chime in.