[lazyjones]

> However the 'no debt' option means you must find a home in a market where nobody else has access to a lender.

As someone who bought several houses without debt, I really don't understand what you are trying to say here. Please explain...

[zdragnar]

No kidding. Pretty much anyone selling a property will pick a cash offer over a financed one, if nothing else to eliminate a long wait period for underwriting.

[Leherenn]

I think he means that given 2 people with the same amount of wealth, the one that borrows money can either buy a nicer house than you, or outbid you if you want the same house.