Nicmm:
FYI: I’ve been married to the same woman for over 33 years so I’m not bitter about marriage or anything else. I just can’t understand how a man who is capable of earning a decent enough living to afford a $650k+ home (so he is apparently intelligent), can let a woman (or anyone else) persuade him to make such a BAD investment. FYI: over 50% of people who get married get divorced and most of those don’t make it for seven years. I was just pointing out that shit happens when you least expect it. “Want to Buy” made it perfectly clear that his wife was the driving force behind this ludicrous idea so I merely responded the same way that I would have talked to one of my children or my best friend if they found themselves in the same situation. I happen to be married to a rational, logical woman who does not have to have the biggest house on the block or the newest doodad that comes off the assembly line and I believe that too many people today don’t think logically or rationally about major purchases and that is the major reason that things have arrived at this point in the housing market. Learning to control one’s buying impulses and emotions before running through the door with your wallet hanging out of your mouth when you walk through the door to see a salesman who is selling big ticket items is NOT a bad thing.
Nicmm….if you think that things will NOT go as the majority of us on this forum believe that they will, you are more than welcome to go out and buy a dozen properties in SoCal tomorrow………….but don’t come back here crying when your newly acquired assets depreciate 40-50% within the next 3-5 years.
