No, we don't know what the future holds. However, the back-of-the-envelop analysis that EdV did as well as my own analysis tells me that this is not going to be a huge deal one way or the other. It's a shame that some people read threads like this and decide to hold off purchasing here thinking that this is going to financially ruin them. It's not. I'm quite confident that those who choose to wait it out will lose in the long run since the prices of houses will continue to climb.
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