One of the most important aspects of the job of a financial planner is to help people manage their emotions and stick to their long-term goals.
I think that quite a few people are getting the “itch” to buy new homes lately because they see others around them doing so and they feel like they need to as well.
I think it all comes down to asking yourself this question: “How does this affect my long-term goals?”
If you don’t know the answer to that question, then you probably still have some planning to do.
Don’t compare your financial life to your friends’ and don’t let your emotions get the best of you.