nice house or nice car?

[uls]

Oo nga, bakit kaya?

portable status symbol

yan ang nakikita ng tao

di naman nakikita kung saan nakatira

hehe

[Quint]

If you're having another baby, I'll advise that you save your money and find a place to rent near your work, and at a place where you and your family can find a comfortable place to live in. You'll probably need the savings more than anything for those little emergencies. Your cash flow is more important. If you really need a car, buy a 2nd hand.

Invest your savings in other things than property---stocks, mutual funds, businesses, etc. When you build your wealth, start buying land. Remember that houses and condos are NOT assets until you earn from it. You don't own it until its fully paid. The bank does.

I wouldn't know your earning capability but I suggest that you do the math on the price, the maintenance, the insurance, taxes, and all other costs before your plunge in.

The numbers may sober you both and you'll see things more objectively. Hope this helps.