For all you prudent renters

[NotCranky]

Just for fun MPO, why don’t you go insert that topic in a thread on the HBB?

[Anonymous]

Multiple properties I am happy

Seriously I am happy , I missed the boat around 2002 intentionaly. Why. I didnt purchase an over priced crap.
I am happy, i am not tied to a region. I am flexible to move any where for a job. I am not worried , if i get a pink.I have enough downpayment for a million house and get the loan. This doesnt mean, that i am even going to consider buying anything more than 350K in next few years. I am a happy renter with eating out almost everyday.

Well on the contrary, i dont have a 3500 sqft home. I dont pay AC bills of 300. Or even a HOA of 300 Or even a property tax, or even a maintainence fee or even a charge for alarm . Yes you may consider me living cheap. But i consider it as my savings for retirement and not looking for social security.

If you are saying buying is good based on numbers, then there are many respectable people on this site who will answer you specifically.
If you are saying buying is good, just because you bought it, then deal with people like me. We can always talk crap.

[Anonymous]

Multiple properties I am happy

Seriously I am happy , I missed the boat around 2002 intentionaly. Why. I didnt purchase an over priced crap.
I am happy, i am not tied to a region. I am flexible to move any where for a job. I am not worried , if i get a pink.I have enough downpayment for a million house and get the loan. This doesnt mean, that i am even going to consider buying anything more than 350K in next few years. I am a happy renter with eating out almost everyday.

Well on the contrary, i dont have a 3500 sqft home. I dont pay AC bills of 300. Or even a HOA of 300 Or even a property tax, or even a maintainence fee or even a charge for alarm . Yes you may consider me living cheap. But i consider it as my savings for retirement and not looking for social security.

If you are saying buying is good based on numbers, then there are many respectable people on this site who will answer you specifically.
If you are saying buying is good, just because you bought it, then deal with people like me. We can always talk crap.

[Anonymous]

Multiple properties I am happy

Seriously I am happy , I missed the boat around 2002 intentionaly. Why. I didnt purchase an over priced crap.
I am happy, i am not tied to a region. I am flexible to move any where for a job. I am not worried , if i get a pink.I have enough downpayment for a million house and get the loan. This doesnt mean, that i am even going to consider buying anything more than 350K in next few years. I am a happy renter with eating out almost everyday.

Well on the contrary, i dont have a 3500 sqft home. I dont pay AC bills of 300. Or even a HOA of 300 Or even a property tax, or even a maintainence fee or even a charge for alarm . Yes you may consider me living cheap. But i consider it as my savings for retirement and not looking for social security.

If you are saying buying is good based on numbers, then there are many respectable people on this site who will answer you specifically.
If you are saying buying is good, just because you bought it, then deal with people like me. We can always talk crap.

[Anonymous]

Multiple properties I am happy

Seriously I am happy , I missed the boat around 2002 intentionaly. Why. I didnt purchase an over priced crap.
I am happy, i am not tied to a region. I am flexible to move any where for a job. I am not worried , if i get a pink.I have enough downpayment for a million house and get the loan. This doesnt mean, that i am even going to consider buying anything more than 350K in next few years. I am a happy renter with eating out almost everyday.

Well on the contrary, i dont have a 3500 sqft home. I dont pay AC bills of 300. Or even a HOA of 300 Or even a property tax, or even a maintainence fee or even a charge for alarm . Yes you may consider me living cheap. But i consider it as my savings for retirement and not looking for social security.

If you are saying buying is good based on numbers, then there are many respectable people on this site who will answer you specifically.
If you are saying buying is good, just because you bought it, then deal with people like me. We can always talk crap.

[Anonymous]

Multiple properties I am happy

Seriously I am happy , I missed the boat around 2002 intentionaly. Why. I didnt purchase an over priced crap.
I am happy, i am not tied to a region. I am flexible to move any where for a job. I am not worried , if i get a pink.I have enough downpayment for a million house and get the loan. This doesnt mean, that i am even going to consider buying anything more than 350K in next few years. I am a happy renter with eating out almost everyday.

Well on the contrary, i dont have a 3500 sqft home. I dont pay AC bills of 300. Or even a HOA of 300 Or even a property tax, or even a maintainence fee or even a charge for alarm . Yes you may consider me living cheap. But i consider it as my savings for retirement and not looking for social security.

If you are saying buying is good based on numbers, then there are many respectable people on this site who will answer you specifically.
If you are saying buying is good, just because you bought it, then deal with people like me. We can always talk crap.

[Portlock]

I don’t believe that most renters on this site missed anything, why would missing out on ‘madness’ be considered upsetting?

This massive market correction proves that I didn’t miss out originally and sound financial discipline has ensured that I won’t be missing out when the madness has subsided, neither.

If I could do it over again you ask? Hindsight is always twenty-twenty, blah blah. Honestly though, I (literally) never bought into the idea that home ownership could be achieved without prudent living and a diversified portfolio. Once I set myself to a lifestyle that would supply that, I simply disregarded real estate and didn’t spend any mental energy on it.

Now, slow and steady has won the race, and although I’m peeved, this bailout which, to quote the professor, is “rewarding the reckless and punishing the prudent”, will only delay my virginal entry into a corrected market as a first time buyer (and I tell you, it is something I’m looking forward to 🙂

[Portlock]

I don’t believe that most renters on this site missed anything, why would missing out on ‘madness’ be considered upsetting?

This massive market correction proves that I didn’t miss out originally and sound financial discipline has ensured that I won’t be missing out when the madness has subsided, neither.

If I could do it over again you ask? Hindsight is always twenty-twenty, blah blah. Honestly though, I (literally) never bought into the idea that home ownership could be achieved without prudent living and a diversified portfolio. Once I set myself to a lifestyle that would supply that, I simply disregarded real estate and didn’t spend any mental energy on it.

Now, slow and steady has won the race, and although I’m peeved, this bailout which, to quote the professor, is “rewarding the reckless and punishing the prudent”, will only delay my virginal entry into a corrected market as a first time buyer (and I tell you, it is something I’m looking forward to 🙂

[Portlock]

I don’t believe that most renters on this site missed anything, why would missing out on ‘madness’ be considered upsetting?

This massive market correction proves that I didn’t miss out originally and sound financial discipline has ensured that I won’t be missing out when the madness has subsided, neither.

If I could do it over again you ask? Hindsight is always twenty-twenty, blah blah. Honestly though, I (literally) never bought into the idea that home ownership could be achieved without prudent living and a diversified portfolio. Once I set myself to a lifestyle that would supply that, I simply disregarded real estate and didn’t spend any mental energy on it.

Now, slow and steady has won the race, and although I’m peeved, this bailout which, to quote the professor, is “rewarding the reckless and punishing the prudent”, will only delay my virginal entry into a corrected market as a first time buyer (and I tell you, it is something I’m looking forward to 🙂

[Portlock]

I don’t believe that most renters on this site missed anything, why would missing out on ‘madness’ be considered upsetting?

This massive market correction proves that I didn’t miss out originally and sound financial discipline has ensured that I won’t be missing out when the madness has subsided, neither.

If I could do it over again you ask? Hindsight is always twenty-twenty, blah blah. Honestly though, I (literally) never bought into the idea that home ownership could be achieved without prudent living and a diversified portfolio. Once I set myself to a lifestyle that would supply that, I simply disregarded real estate and didn’t spend any mental energy on it.

Now, slow and steady has won the race, and although I’m peeved, this bailout which, to quote the professor, is “rewarding the reckless and punishing the prudent”, will only delay my virginal entry into a corrected market as a first time buyer (and I tell you, it is something I’m looking forward to 🙂

[Portlock]

I don’t believe that most renters on this site missed anything, why would missing out on ‘madness’ be considered upsetting?

This massive market correction proves that I didn’t miss out originally and sound financial discipline has ensured that I won’t be missing out when the madness has subsided, neither.

If I could do it over again you ask? Hindsight is always twenty-twenty, blah blah. Honestly though, I (literally) never bought into the idea that home ownership could be achieved without prudent living and a diversified portfolio. Once I set myself to a lifestyle that would supply that, I simply disregarded real estate and didn’t spend any mental energy on it.

Now, slow and steady has won the race, and although I’m peeved, this bailout which, to quote the professor, is “rewarding the reckless and punishing the prudent”, will only delay my virginal entry into a corrected market as a first time buyer (and I tell you, it is something I’m looking forward to 🙂

[patientlywaiting]

“the bail out is not fair, but who said life is fair”
—-

You said it all right there. So what are you bitching about?

Lets talk about fairness for a minute.

Unfair:
– Not everyone can live in San Diego.
– Some people have cancer and some do not.

Fair:
– Criminals go to jail.
– FBs who bought houses they cannot afford get their day of reckoning.

Remember, our economic system, is designed in a way that people must afford what they purchase. The people hurting now would not be suffering if they only followed the rule and only bought what they could afford.

The “positive” guys out there always say to make lemonade out of lemons. So why aren’t you out there squeezing the lemons. I certainly am. Fair or unfair, I take it as it comes and make the best of it.

[patientlywaiting]

“the bail out is not fair, but who said life is fair”
—-

You said it all right there. So what are you bitching about?

Lets talk about fairness for a minute.

Unfair:
– Not everyone can live in San Diego.
– Some people have cancer and some do not.

Fair:
– Criminals go to jail.
– FBs who bought houses they cannot afford get their day of reckoning.

Remember, our economic system, is designed in a way that people must afford what they purchase. The people hurting now would not be suffering if they only followed the rule and only bought what they could afford.

The “positive” guys out there always say to make lemonade out of lemons. So why aren’t you out there squeezing the lemons. I certainly am. Fair or unfair, I take it as it comes and make the best of it.

[patientlywaiting]

“the bail out is not fair, but who said life is fair”
—-

You said it all right there. So what are you bitching about?

Lets talk about fairness for a minute.

Unfair:
– Not everyone can live in San Diego.
– Some people have cancer and some do not.

Fair:
– Criminals go to jail.
– FBs who bought houses they cannot afford get their day of reckoning.

Remember, our economic system, is designed in a way that people must afford what they purchase. The people hurting now would not be suffering if they only followed the rule and only bought what they could afford.

The “positive” guys out there always say to make lemonade out of lemons. So why aren’t you out there squeezing the lemons. I certainly am. Fair or unfair, I take it as it comes and make the best of it.

[patientlywaiting]

“the bail out is not fair, but who said life is fair”
—-

You said it all right there. So what are you bitching about?

Lets talk about fairness for a minute.

Unfair:
– Not everyone can live in San Diego.
– Some people have cancer and some do not.

Fair:
– Criminals go to jail.
– FBs who bought houses they cannot afford get their day of reckoning.

Remember, our economic system, is designed in a way that people must afford what they purchase. The people hurting now would not be suffering if they only followed the rule and only bought what they could afford.

The “positive” guys out there always say to make lemonade out of lemons. So why aren’t you out there squeezing the lemons. I certainly am. Fair or unfair, I take it as it comes and make the best of it.

[Author]

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