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July 7, 2011 at 9:05 AM #709104July 7, 2011 at 9:23 AM #707903
briansd1
Guest[quote=bluehairdave]
Get married, buy a house, have a few kids buy a nicer and bigger house. Pay for college for the kids etc.. You know… Things that 90% of the rest of the world literally go to war to try to get the chance to do.[/quote]Propaganda.
If you want to do it, then do it. But if others don’t want to, let them be. What is it to you if other people don’t buy? More for you.
Like I said before, the guy I know rents a $1.2 million house in La Jolla for $3,700/mo including pool and garden service. The owner wanted $4,800/mo but the house had been sitting. I told him to offer $3,700 with 6 months paid in advance so the owner knew he was serious. He got a great deal.
July 7, 2011 at 9:23 AM #708000Guest[quote=bluehairdave]
Get married, buy a house, have a few kids buy a nicer and bigger house. Pay for college for the kids etc.. You know… Things that 90% of the rest of the world literally go to war to try to get the chance to do.[/quote]Propaganda.
If you want to do it, then do it. But if others don’t want to, let them be. What is it to you if other people don’t buy? More for you.
Like I said before, the guy I know rents a $1.2 million house in La Jolla for $3,700/mo including pool and garden service. The owner wanted $4,800/mo but the house had been sitting. I told him to offer $3,700 with 6 months paid in advance so the owner knew he was serious. He got a great deal.
July 7, 2011 at 9:23 AM #708599Guest[quote=bluehairdave]
Get married, buy a house, have a few kids buy a nicer and bigger house. Pay for college for the kids etc.. You know… Things that 90% of the rest of the world literally go to war to try to get the chance to do.[/quote]Propaganda.
If you want to do it, then do it. But if others don’t want to, let them be. What is it to you if other people don’t buy? More for you.
Like I said before, the guy I know rents a $1.2 million house in La Jolla for $3,700/mo including pool and garden service. The owner wanted $4,800/mo but the house had been sitting. I told him to offer $3,700 with 6 months paid in advance so the owner knew he was serious. He got a great deal.
July 7, 2011 at 9:23 AM #708750Guest[quote=bluehairdave]
Get married, buy a house, have a few kids buy a nicer and bigger house. Pay for college for the kids etc.. You know… Things that 90% of the rest of the world literally go to war to try to get the chance to do.[/quote]Propaganda.
If you want to do it, then do it. But if others don’t want to, let them be. What is it to you if other people don’t buy? More for you.
Like I said before, the guy I know rents a $1.2 million house in La Jolla for $3,700/mo including pool and garden service. The owner wanted $4,800/mo but the house had been sitting. I told him to offer $3,700 with 6 months paid in advance so the owner knew he was serious. He got a great deal.
July 7, 2011 at 9:23 AM #709114Guest[quote=bluehairdave]
Get married, buy a house, have a few kids buy a nicer and bigger house. Pay for college for the kids etc.. You know… Things that 90% of the rest of the world literally go to war to try to get the chance to do.[/quote]Propaganda.
If you want to do it, then do it. But if others don’t want to, let them be. What is it to you if other people don’t buy? More for you.
Like I said before, the guy I know rents a $1.2 million house in La Jolla for $3,700/mo including pool and garden service. The owner wanted $4,800/mo but the house had been sitting. I told him to offer $3,700 with 6 months paid in advance so the owner knew he was serious. He got a great deal.
July 7, 2011 at 10:25 AM #707938
CoronitaParticipant[quote=JBurkett19]As a previous poster put it- You own the mortgage and a tax bill. That is correct; however, with diligence, you will one day only own the tax bill, and let me tell you- when you’re old and haven’t a proper steady income, there’s nothing more important (outside of food money) than having a paid off shelter. Try being under the thumb of a landlord when you’re 65 and start living on a fixed income. Remember that the truths we make for ourselves don’t become visible until much later in life. Keep renting. Keep making someone else’s mortgage payment. At the end of it all, you’ll have nothing but paper money. Real estate has intrinsic value. Paper money has nothing but paper.[/quote]
not to mention that paper is increasingly becoming worthless relative to other currencies. Weren’t we talking about in another thread about how some canadians were snatching up property because of the the relative weakness of the greenback?
July 7, 2011 at 10:25 AM #708035CoronitaParticipant[quote=JBurkett19]As a previous poster put it- You own the mortgage and a tax bill. That is correct; however, with diligence, you will one day only own the tax bill, and let me tell you- when you’re old and haven’t a proper steady income, there’s nothing more important (outside of food money) than having a paid off shelter. Try being under the thumb of a landlord when you’re 65 and start living on a fixed income. Remember that the truths we make for ourselves don’t become visible until much later in life. Keep renting. Keep making someone else’s mortgage payment. At the end of it all, you’ll have nothing but paper money. Real estate has intrinsic value. Paper money has nothing but paper.[/quote]
not to mention that paper is increasingly becoming worthless relative to other currencies. Weren’t we talking about in another thread about how some canadians were snatching up property because of the the relative weakness of the greenback?
July 7, 2011 at 10:25 AM #708634CoronitaParticipant[quote=JBurkett19]As a previous poster put it- You own the mortgage and a tax bill. That is correct; however, with diligence, you will one day only own the tax bill, and let me tell you- when you’re old and haven’t a proper steady income, there’s nothing more important (outside of food money) than having a paid off shelter. Try being under the thumb of a landlord when you’re 65 and start living on a fixed income. Remember that the truths we make for ourselves don’t become visible until much later in life. Keep renting. Keep making someone else’s mortgage payment. At the end of it all, you’ll have nothing but paper money. Real estate has intrinsic value. Paper money has nothing but paper.[/quote]
not to mention that paper is increasingly becoming worthless relative to other currencies. Weren’t we talking about in another thread about how some canadians were snatching up property because of the the relative weakness of the greenback?
July 7, 2011 at 10:25 AM #708785CoronitaParticipant[quote=JBurkett19]As a previous poster put it- You own the mortgage and a tax bill. That is correct; however, with diligence, you will one day only own the tax bill, and let me tell you- when you’re old and haven’t a proper steady income, there’s nothing more important (outside of food money) than having a paid off shelter. Try being under the thumb of a landlord when you’re 65 and start living on a fixed income. Remember that the truths we make for ourselves don’t become visible until much later in life. Keep renting. Keep making someone else’s mortgage payment. At the end of it all, you’ll have nothing but paper money. Real estate has intrinsic value. Paper money has nothing but paper.[/quote]
not to mention that paper is increasingly becoming worthless relative to other currencies. Weren’t we talking about in another thread about how some canadians were snatching up property because of the the relative weakness of the greenback?
July 7, 2011 at 10:25 AM #709149CoronitaParticipant[quote=JBurkett19]As a previous poster put it- You own the mortgage and a tax bill. That is correct; however, with diligence, you will one day only own the tax bill, and let me tell you- when you’re old and haven’t a proper steady income, there’s nothing more important (outside of food money) than having a paid off shelter. Try being under the thumb of a landlord when you’re 65 and start living on a fixed income. Remember that the truths we make for ourselves don’t become visible until much later in life. Keep renting. Keep making someone else’s mortgage payment. At the end of it all, you’ll have nothing but paper money. Real estate has intrinsic value. Paper money has nothing but paper.[/quote]
not to mention that paper is increasingly becoming worthless relative to other currencies. Weren’t we talking about in another thread about how some canadians were snatching up property because of the the relative weakness of the greenback?
July 7, 2011 at 10:28 AM #707943CoronitaParticipant[quote=walterwhite]65? Ha. I would be halfway thru the damn mortgage[/quote]
Which is a very interesting point. Why do banks offer 30 year fixed rate loans to 40-50 year old people? Do they really except these folks to make their payments after 65 on a fixed income?
After doing a 30 year loan for two years, I realized how much I was getting raped in interest charges and ended up instead with a 15…
July 7, 2011 at 10:28 AM #708040CoronitaParticipant[quote=walterwhite]65? Ha. I would be halfway thru the damn mortgage[/quote]
Which is a very interesting point. Why do banks offer 30 year fixed rate loans to 40-50 year old people? Do they really except these folks to make their payments after 65 on a fixed income?
After doing a 30 year loan for two years, I realized how much I was getting raped in interest charges and ended up instead with a 15…
July 7, 2011 at 10:28 AM #708639CoronitaParticipant[quote=walterwhite]65? Ha. I would be halfway thru the damn mortgage[/quote]
Which is a very interesting point. Why do banks offer 30 year fixed rate loans to 40-50 year old people? Do they really except these folks to make their payments after 65 on a fixed income?
After doing a 30 year loan for two years, I realized how much I was getting raped in interest charges and ended up instead with a 15…
July 7, 2011 at 10:28 AM #708790CoronitaParticipant[quote=walterwhite]65? Ha. I would be halfway thru the damn mortgage[/quote]
Which is a very interesting point. Why do banks offer 30 year fixed rate loans to 40-50 year old people? Do they really except these folks to make their payments after 65 on a fixed income?
After doing a 30 year loan for two years, I realized how much I was getting raped in interest charges and ended up instead with a 15…
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