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OPINION

Economy Leaves Homebuyers Cautious To Commit

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Economy Leaves Homebuyers Cautious To Commit
It turns out that the housing market works a lot like love. At least for some people.

Take Christina Huang. She fell in love with a $969,000 house in Northern Virginia. She could picture raising a family. But there were a few red flags after an inspection, and she realized it wasn't going to work.

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It took her several months to go on a proper date with her husband. Her housing search has taken considerably longer.

Huang flirted with buying a house before the recession four years ago. She sat it out and dodged a bullet. Since then she has survived layoffs that cut half the staff from her division.

"The great recession has emotional damage," she says. "We are facing a world with great uncertainty. So are you going to feel comfortable to make a commitment?"

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