S.V.
Laminate and hardwoods cost about the same these days. Laminate never has to be refinished and lasts about 25 years. They also buckle and lift if you get water on them. Hardwood has to be refinished about every five years, but lasts pretty much forever, however you can preserve it by putting a clear acrylic finish on top. We have laminate; and are getting ready to pull carpet in the master bedroom to put down hardwood in there because it does not get much traffic. Personally, I think the hardwood is prettier and lasts longer.
Good luck
S. Winborn
http:www.lalaschildcare.com