buying condo instead of renting during school

[reason6]

i will be attending ICO this upcoming August and i am from chicago. i was wondering if anyone has considered buying/bought a condo/home instead of renting during your four years of optometry school. i was just curious how difficult/advantageous such an investment would be given the high costs of renting during optometry school.

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[eyebwoi]

if you can afford it, buy, you can't go wrong. will always be an investment which will pay off in the long run. i considered buying but will have to rent...it's just not feasible!

 

[AwesomeSauce]

I too am attending ICO this august and considard this, Most condos in safe nieghborhoods I found were very expensive. It seems like in the course of 4 years most of your mortgage payments would goto intrest and you wouldent build much equity at all.

I might just not understand enough about mortages. Also somewhat concerned about this housing bubble popping and having to sell at a loss when 2011 rolls around.