You know old saying “What goes UP, Must come DOWN” well we are in the reverse cause sooner or later the market will turn. You are showing the fact of a market past, everything changes and returns are always different. Real Estate is a long term growth market. Simple facts that are shown are that the markets turn and those that wait usually pay higher interest and prices. By the time you feel good and go to purchase the bottom of the market would have come and gone. Higher prices and higher demands bring interest rates up.
You state that purchasing now means throwing away equity which in part is very true, if you are living with your parents that aren’t charging you a penny to live in their house. So I am going to assume that you are be on this stage in your life.
The fact is the longer you pay for housing as in rentals; you are building someone else’s equity and not yours,Flushingyour equity down the toilet. When you look at it, you never ever loose equity as long as you are living in the home; you only loose it when you sell. So if you never sell you never loose. The fact is every dollar spent in rent today is equal to almost double, possibly more in fifteen years of potential equity you could have had if you purchased. History shows us that.
History shows us that markets turn, they go up and they go down, But over all they climb up. There is no factories building more land, matter of fact, this last year there has been more land claimed by the Seas then there has been created. A Decreasing commodity usually means increase in future prices, global warming also plays a roll with higher oceans.
The fact is you are afraid of loosing; there isn’t a person who isn’t. But I would really like you to know the simple fact that you refuse to enter in to a market because of that fear and chances are you would rather flush money away to someone who isn’t afraid. Paying rent and not having something to call yours, donating your hard earned dollars towards the growth of another person’s equity. I have to commend you, your self-gratitude for it must be higher then the landlords bank account.
Happy House Hunting
seriously rego79 your looking in fall river.....hahahhahah fall river is not what it use to be that's why it's value dropped. tennants cant even pay their rents. I know this bc i have friends out there who own multi families...oh btw the further you live from boston the cheaper. Pls review my other post that explains how neighborhoods are price based on your neighbors.. hey fall river is only nice when theres a feast 
and why in hell you would want to raise a family in fallriver is ridiculous.. like i said in my last post your landlord must love you but based on the city you live in im gonna say you live at your parents house with your wife and kids or her parents house probably listening to there negativity bc when they bought there home in the 70"s or 80's it was 30K or 40K and they could swing that on their factory waged job.
