BofA Reductions

[CA renter]

[quote=jpinpb]CAR – So funny you say this b/c I was thinking the same darn thing. I’m so discouraged and frustrated, I’m about ready to just give up. If it doesn’t make sense to buy, I’m just going to keep renting until I retire — and it won’t be here. My friend opened a B&B on Isola d’Elba and it’s tempting to just call it quits and move there.[/quote]

I think you should go for it. Didn’t you say you spoke Italian and had family over there?

If you think about it, the whole point of “owning” vs. renting is whether or not you control your housing costs if/when you retire.

People who are betting on price increases are simply speculating. You are not really “gaining equity” if prices are falling faster than you’re paying down the principal.

There are plenty of much more affordable places to live here and around the world. If we end up not “owning” here, it’s really not the worst that can happen. It just means moving to a more affordable place to retire.

It is frustrating, though!

[jpinpb]

Yes, I speak Italian and family and friends live there. But as you say, there are more affordable places to live. Heck, take your retirement money and move to Costa Rica. Dollars go far there.

Anyway, exactly what you said. The point is you want to retire w/out having struggle too much. Some states are much more conducive. California was appealing to many w/the Prop 13 incentive compared to some states w/higher property taxes. But greed took care of that.

I just don’t how or don’t understand how this can go on. I heard on KPBS how so many new grads can’t find jobs, live at home, take lower paying jobs that have nothing to do w/their degrees. They’re even fighting for intern positions. All that, on top of student loans they have to start paying on. I doubt they’re going to be in a position to buy houses out here.

All I do is shake my head b/c frankly it’s a brain twister for me.

[jpinpb]

Yes, I speak Italian and family and friends live there. But as you say, there are more affordable places to live. Heck, take your retirement money and move to Costa Rica. Dollars go far there.

Anyway, exactly what you said. The point is you want to retire w/out having struggle too much. Some states are much more conducive. California was appealing to many w/the Prop 13 incentive compared to some states w/higher property taxes. But greed took care of that.

I just don’t how or don’t understand how this can go on. I heard on KPBS how so many new grads can’t find jobs, live at home, take lower paying jobs that have nothing to do w/their degrees. They’re even fighting for intern positions. All that, on top of student loans they have to start paying on. I doubt they’re going to be in a position to buy houses out here.

All I do is shake my head b/c frankly it’s a brain twister for me.

[jpinpb]

Yes, I speak Italian and family and friends live there. But as you say, there are more affordable places to live. Heck, take your retirement money and move to Costa Rica. Dollars go far there.

Anyway, exactly what you said. The point is you want to retire w/out having struggle too much. Some states are much more conducive. California was appealing to many w/the Prop 13 incentive compared to some states w/higher property taxes. But greed took care of that.

I just don’t how or don’t understand how this can go on. I heard on KPBS how so many new grads can’t find jobs, live at home, take lower paying jobs that have nothing to do w/their degrees. They’re even fighting for intern positions. All that, on top of student loans they have to start paying on. I doubt they’re going to be in a position to buy houses out here.

All I do is shake my head b/c frankly it’s a brain twister for me.

[jpinpb]

Yes, I speak Italian and family and friends live there. But as you say, there are more affordable places to live. Heck, take your retirement money and move to Costa Rica. Dollars go far there.

Anyway, exactly what you said. The point is you want to retire w/out having struggle too much. Some states are much more conducive. California was appealing to many w/the Prop 13 incentive compared to some states w/higher property taxes. But greed took care of that.

I just don’t how or don’t understand how this can go on. I heard on KPBS how so many new grads can’t find jobs, live at home, take lower paying jobs that have nothing to do w/their degrees. They’re even fighting for intern positions. All that, on top of student loans they have to start paying on. I doubt they’re going to be in a position to buy houses out here.

All I do is shake my head b/c frankly it’s a brain twister for me.

[jpinpb]

Yes, I speak Italian and family and friends live there. But as you say, there are more affordable places to live. Heck, take your retirement money and move to Costa Rica. Dollars go far there.

Anyway, exactly what you said. The point is you want to retire w/out having struggle too much. Some states are much more conducive. California was appealing to many w/the Prop 13 incentive compared to some states w/higher property taxes. But greed took care of that.

I just don’t how or don’t understand how this can go on. I heard on KPBS how so many new grads can’t find jobs, live at home, take lower paying jobs that have nothing to do w/their degrees. They’re even fighting for intern positions. All that, on top of student loans they have to start paying on. I doubt they’re going to be in a position to buy houses out here.

All I do is shake my head b/c frankly it’s a brain twister for me.

[scaredyclassic]

yeah. moving abroad with some cash sounds good. they have websites and books on cheap places. it’s a much more reasonable plan than betting on cheap living costs here through inflation a nd house price increases. it’s ust easier said than done. families, routines, hard to just move like that

[scaredyclassic]

yeah. moving abroad with some cash sounds good. they have websites and books on cheap places. it’s a much more reasonable plan than betting on cheap living costs here through inflation a nd house price increases. it’s ust easier said than done. families, routines, hard to just move like that

[scaredyclassic]

yeah. moving abroad with some cash sounds good. they have websites and books on cheap places. it’s a much more reasonable plan than betting on cheap living costs here through inflation a nd house price increases. it’s ust easier said than done. families, routines, hard to just move like that

[scaredyclassic]

yeah. moving abroad with some cash sounds good. they have websites and books on cheap places. it’s a much more reasonable plan than betting on cheap living costs here through inflation a nd house price increases. it’s ust easier said than done. families, routines, hard to just move like that

[scaredyclassic]

yeah. moving abroad with some cash sounds good. they have websites and books on cheap places. it’s a much more reasonable plan than betting on cheap living costs here through inflation a nd house price increases. it’s ust easier said than done. families, routines, hard to just move like that

[Aecetia]

I think you will see the trend especially if the quality of health care is comparable and the price is the same or lower to the U.S. of retired people leaving for a lower cost of living. With labor costs lower in so many other countries I would expect developers to start buying up large areas to develop for the retiring baby boomers sooner than later.

[Aecetia]

I think you will see the trend especially if the quality of health care is comparable and the price is the same or lower to the U.S. of retired people leaving for a lower cost of living. With labor costs lower in so many other countries I would expect developers to start buying up large areas to develop for the retiring baby boomers sooner than later.

[Aecetia]

I think you will see the trend especially if the quality of health care is comparable and the price is the same or lower to the U.S. of retired people leaving for a lower cost of living. With labor costs lower in so many other countries I would expect developers to start buying up large areas to develop for the retiring baby boomers sooner than later.

[Aecetia]

I think you will see the trend especially if the quality of health care is comparable and the price is the same or lower to the U.S. of retired people leaving for a lower cost of living. With labor costs lower in so many other countries I would expect developers to start buying up large areas to develop for the retiring baby boomers sooner than later.

[Author]

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