This is definitely true. I first moved to Boulder in a crappy small apartment, but when I wanted to buy a house, I moved way out east and commuted. With the housing market the way it is, I was able to sell that house in 3 years with a big profit and buy a house much closer back to Boulder.
Yea it was, but the down payment we were able to make from the huge profit we made from the last place meant the monthly payments were only a few hundred bucks more a month.