i fully expect to die in this house, or maybe in the yard. I seriously doubt I’m going to have to be the one to list the house or deal with the ultimate settling up, based on general life plan, family life expectancy, and general sense of how long I’ll live.
So the only possible downsides are (i) living in it thinking, goddamnit, I could be paying somewhat less for it if I had waited (and been able to buy this particular house, or something as comparably unique) or (ii) not being able to make the payment.
With p/i around 2200, it could go down in terms of monthly payment, but it would have to be some serious deflationary crap happening. I see that as possible, but not very likely, or at least not very likely without a giant governmental fight. It could go down, the payment, maybe 1900, maybe 1700, but I just think it will be pretty odd if you can live in this mansion for much less than that. I guess it’s possible though. I think I can live with that possibility.
2,200 also seems like apayment I can make with my wife pretty much indefinitely, again, assuming the fiancnial system doesn’t disintegrate. i coudl be wrong. I could be seriously misjudging my financial state, the nation, the economy, the housing market, etc. But I think I’m not.
Finally, the place is so cool there would be no real urge to get something better. I think this would be satisfactory enough for my whole life. I’ve had the same motor vehicle since 1988, and when I bought it I thought, yeah, this car is cool, I don’t ever think I’ll want anything else. And I don’t. I’d be more than happy to only have this one car for the remainder of my life, if it lives.
Remember how marlon brando died in the Godfather? Chasingisi grandkid around the garden with an orange section in his mouth? That’s how I see myself going down the line…
