Quote:
Originally posted by aephi alum
Thanks for all the input. 
I already know the commute would kill me long-term. It's 2+ hours each way on commuter rail and subway. I love my current house, but with 8+ hours at work and 4+ hours commuting, I'd never be able to appreciate my limited time at home.
Renting is an interesting idea, except for the small fact that my new job is in NYC, and we'd be better off financially buying a house closer to NYC rather than renting a place there (= $$$) and continuing to pay mortgage on our current house. Mortgage interest is tax deductible, rent is not. Plus, I'd miss my husband all week.
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Wow. Knowing that it is New York does make a big difference. I've never even been there, but I have heard horror stories about the cost to live IN the city. Expanding your search area to different areas around the city is probably a good idea.
*GOOD LUCK!!*