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We have been unable to figure out where we should be living. Yes I know its a personal decision, but I feel like I’m missing details.

A bit of info about us:

- Family of 3 (Dad 34, mom 30, and 18 month old baby)
- Currently living in a 3 BR in Lefferts Gardens on the park.
- Current rent: $2225 (w/ a home office deduction reducing actual cost)
- Apt is 1500 square feet and is about the right size but bigger cant hurt.
- Self employed with income is around $200k.
- We like living across from the park.
- LG lack of amenities is a problem.
- We aren’t partiers but do eat out often.
- We appreciate arugula and other high end grocery items.
- We have savings such that buying is in play but not a million dollar type listing.

Now the million dollar question: where should we be living? Rent? Buy? Should we be willing to spring for more money to get better schools when its necessary?