Copernican OP ,

That’s the thing, our rent stabilized place is has location and size, but the amenities and maintenance of the building are lacking. We have actually been curious about doing some renovation ourselves because it’d be cheaper to spend 10 to 20k on renovation and keep the rent stabilized rates than get a similar apartment at market value and pay that rate for 2 years. So that is why we kind of look at the saving strategy as a test of lifestyle. The thing about the market though is all conventional wisdom says don’t put that down payment in the market if you want to buy in the next 5 years.

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