Giving in

[briansd1]

[quote=AN]
Most of us on here did not bought between 04-07. If you look back at the threads going on between 04-07, we were bitching at how expensive homes are. But I did buy in 2008 and my mortgage is cheaper than comparable rent. I know that for the next 30 years, I’ll have the same mortgage. I can’t say the same if I’m renting the same house. So far, it’s working out pretty good. Every month I’m living in here, I’m saving money.[/quote]

AN, I agree with you that the best real estate to buy in terms of rent vs. buy is in a middle-of-the-road neighborhood like Mira Mesa or Clairemont.

As a buyer, the higher-end you go, and the more you stretch your finances to buy, the worse it becomes from a financial decision standpoint.

So many buyers stretch to the max to buy. When they suffer a setback, they lose their houses.

It’s no surprise that historically an economic recession is followed by a housing recession.

This time around we had a housing crash which caused the economic crash, which then caused an employment crash which is then followed by a cyclical housing recession (the double dip in housing).

As long as jobs creation is bad, there’s no urgency to buy because new households can’t afford to enter the market in numbers large enough.

[desmond]

How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.

[desmond]

How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.

[desmond]

How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.

[desmond]

How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.

[desmond]

How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.

[an]

[quote=desmond]How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.[/quote]
I can’t speak for everybody but my parents and many of my aunts and uncles bought 1 house and lived in it for well over 20 years and they’re still there today. They have no plans to move, so I’m sure their mortgage will be paid off by the time they’re retired. Several of my neighbors also have bought their houses from the early 80s, so, they’ll be coming up to the end of their 30 year mortgage in a year or two. I’m sure they’re not moving anywhere anytime soon.

Also, with your disabled argument, why not say, if you go outside, you can get in a car accident and die. So why bother saving. Just spend every dollar you have since no one know how long they’ll live.

[an]

[quote=desmond]How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.[/quote]
I can’t speak for everybody but my parents and many of my aunts and uncles bought 1 house and lived in it for well over 20 years and they’re still there today. They have no plans to move, so I’m sure their mortgage will be paid off by the time they’re retired. Several of my neighbors also have bought their houses from the early 80s, so, they’ll be coming up to the end of their 30 year mortgage in a year or two. I’m sure they’re not moving anywhere anytime soon.

Also, with your disabled argument, why not say, if you go outside, you can get in a car accident and die. So why bother saving. Just spend every dollar you have since no one know how long they’ll live.

[an]

[quote=desmond]How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.[/quote]
I can’t speak for everybody but my parents and many of my aunts and uncles bought 1 house and lived in it for well over 20 years and they’re still there today. They have no plans to move, so I’m sure their mortgage will be paid off by the time they’re retired. Several of my neighbors also have bought their houses from the early 80s, so, they’ll be coming up to the end of their 30 year mortgage in a year or two. I’m sure they’re not moving anywhere anytime soon.

Also, with your disabled argument, why not say, if you go outside, you can get in a car accident and die. So why bother saving. Just spend every dollar you have since no one know how long they’ll live.

[an]

[quote=desmond]How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.[/quote]
I can’t speak for everybody but my parents and many of my aunts and uncles bought 1 house and lived in it for well over 20 years and they’re still there today. They have no plans to move, so I’m sure their mortgage will be paid off by the time they’re retired. Several of my neighbors also have bought their houses from the early 80s, so, they’ll be coming up to the end of their 30 year mortgage in a year or two. I’m sure they’re not moving anywhere anytime soon.

Also, with your disabled argument, why not say, if you go outside, you can get in a car accident and die. So why bother saving. Just spend every dollar you have since no one know how long they’ll live.

[an]

[quote=desmond]How many homeowners actually stay in the same house for 30 years and pay it off and want to retire in that same house? Also, if you become disabled you will end up not being able to take care of yourself let alone your old house. I guess all those retiree’s in those active living places are being used for slave labor by those nasty landlords.[/quote]
I can’t speak for everybody but my parents and many of my aunts and uncles bought 1 house and lived in it for well over 20 years and they’re still there today. They have no plans to move, so I’m sure their mortgage will be paid off by the time they’re retired. Several of my neighbors also have bought their houses from the early 80s, so, they’ll be coming up to the end of their 30 year mortgage in a year or two. I’m sure they’re not moving anywhere anytime soon.

Also, with your disabled argument, why not say, if you go outside, you can get in a car accident and die. So why bother saving. Just spend every dollar you have since no one know how long they’ll live.

[bluehairdave]

[quote=deadzone][quote=AN][quote=deadzone]Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
I lived in my house for 3 years and my toilet haven’t broken once. How often does your toilet break? The biggest advantage buying have over renting is, in 30 years, all you’ll be paying for is the taxes and insurance on it while if you rent, you’ll have to deal with a much bigger expense. Dealing with rent on a fixed income won’t be fun. You’re at the mercy of your landlord. Much easier to retire with a peace of mind when you know or can predict all of your expenses. In 30 years, most of the money I save for retirement will all go to fun stuff. If I rent indefinitely, I would have to use some of the money I save for retirement for shelter. I would be scared to death if there’s any major inflation period while I’m renting and retired on fixed income.[/quote]

Yes there are advantages/disadvantages to both owning and renting. But you guys with your “american dream” non-sense is tiring. For anyone who bought between 2004 and 2007, how is your dream working out for you?[/quote]

Its working out great actually! This ‘nonsense’ of the American Dream you talk about is pretty awesome!

I bought a house in 2007. Value is pretty much exactly what I bought it for and now im buying a nice big fat house with a large yard for my first child to play in. Its got a view and my current mortgage has been a great write off that I sure could use.

You see..While you have been pouting about how crappy everything is I have been working my ass off to make sure my family doesnt have to worry about where they will live in a few years or if they will be homeless. Some of us would rather “do” than to cry and whine about how everything sucks and instead we stand up and fulfill our obligations. If you have ever been really poor you might know the fear that is instinctive about becoming that poor again.

You see, America is the easiest place to make a buck and to get by and not have to worry about things like running water, power or destitute poverty. And I feel really bad if you think its such a bad place or such a lie to able to live comfortably. When really its quite simply a huge stroke of fortune to live here.

If you cant cut the mustard and it makes you feel better to knock down everyone else’s dreams as stupid. Then I guess go ahead. I hate to see you suffer more. These fake dreams as you call them are what most people might literally kill to obtain elsewhere.

Just to recap. Bought in 2007. Buying in 2011. Paid more in taxes in 2010 than im guessing you made the last 5 years from the sour postings you have made.

Self made and work from home and get to spend all day with my son and wife. Hell. the American Dream is AWESOME!

[bluehairdave]

[quote=deadzone][quote=AN][quote=deadzone]Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
I lived in my house for 3 years and my toilet haven’t broken once. How often does your toilet break? The biggest advantage buying have over renting is, in 30 years, all you’ll be paying for is the taxes and insurance on it while if you rent, you’ll have to deal with a much bigger expense. Dealing with rent on a fixed income won’t be fun. You’re at the mercy of your landlord. Much easier to retire with a peace of mind when you know or can predict all of your expenses. In 30 years, most of the money I save for retirement will all go to fun stuff. If I rent indefinitely, I would have to use some of the money I save for retirement for shelter. I would be scared to death if there’s any major inflation period while I’m renting and retired on fixed income.[/quote]

Yes there are advantages/disadvantages to both owning and renting. But you guys with your “american dream” non-sense is tiring. For anyone who bought between 2004 and 2007, how is your dream working out for you?[/quote]

Its working out great actually! This ‘nonsense’ of the American Dream you talk about is pretty awesome!

I bought a house in 2007. Value is pretty much exactly what I bought it for and now im buying a nice big fat house with a large yard for my first child to play in. Its got a view and my current mortgage has been a great write off that I sure could use.

You see..While you have been pouting about how crappy everything is I have been working my ass off to make sure my family doesnt have to worry about where they will live in a few years or if they will be homeless. Some of us would rather “do” than to cry and whine about how everything sucks and instead we stand up and fulfill our obligations. If you have ever been really poor you might know the fear that is instinctive about becoming that poor again.

You see, America is the easiest place to make a buck and to get by and not have to worry about things like running water, power or destitute poverty. And I feel really bad if you think its such a bad place or such a lie to able to live comfortably. When really its quite simply a huge stroke of fortune to live here.

If you cant cut the mustard and it makes you feel better to knock down everyone else’s dreams as stupid. Then I guess go ahead. I hate to see you suffer more. These fake dreams as you call them are what most people might literally kill to obtain elsewhere.

Just to recap. Bought in 2007. Buying in 2011. Paid more in taxes in 2010 than im guessing you made the last 5 years from the sour postings you have made.

Self made and work from home and get to spend all day with my son and wife. Hell. the American Dream is AWESOME!

[bluehairdave]

[quote=deadzone][quote=AN][quote=deadzone]Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
I lived in my house for 3 years and my toilet haven’t broken once. How often does your toilet break? The biggest advantage buying have over renting is, in 30 years, all you’ll be paying for is the taxes and insurance on it while if you rent, you’ll have to deal with a much bigger expense. Dealing with rent on a fixed income won’t be fun. You’re at the mercy of your landlord. Much easier to retire with a peace of mind when you know or can predict all of your expenses. In 30 years, most of the money I save for retirement will all go to fun stuff. If I rent indefinitely, I would have to use some of the money I save for retirement for shelter. I would be scared to death if there’s any major inflation period while I’m renting and retired on fixed income.[/quote]

Yes there are advantages/disadvantages to both owning and renting. But you guys with your “american dream” non-sense is tiring. For anyone who bought between 2004 and 2007, how is your dream working out for you?[/quote]

Its working out great actually! This ‘nonsense’ of the American Dream you talk about is pretty awesome!

I bought a house in 2007. Value is pretty much exactly what I bought it for and now im buying a nice big fat house with a large yard for my first child to play in. Its got a view and my current mortgage has been a great write off that I sure could use.

You see..While you have been pouting about how crappy everything is I have been working my ass off to make sure my family doesnt have to worry about where they will live in a few years or if they will be homeless. Some of us would rather “do” than to cry and whine about how everything sucks and instead we stand up and fulfill our obligations. If you have ever been really poor you might know the fear that is instinctive about becoming that poor again.

You see, America is the easiest place to make a buck and to get by and not have to worry about things like running water, power or destitute poverty. And I feel really bad if you think its such a bad place or such a lie to able to live comfortably. When really its quite simply a huge stroke of fortune to live here.

If you cant cut the mustard and it makes you feel better to knock down everyone else’s dreams as stupid. Then I guess go ahead. I hate to see you suffer more. These fake dreams as you call them are what most people might literally kill to obtain elsewhere.

Just to recap. Bought in 2007. Buying in 2011. Paid more in taxes in 2010 than im guessing you made the last 5 years from the sour postings you have made.

Self made and work from home and get to spend all day with my son and wife. Hell. the American Dream is AWESOME!

[bluehairdave]

[quote=deadzone][quote=AN][quote=deadzone]Alternately, while my landlord is dealing with the plumbing and other maintenance issues, I am out surfing or playing golf. On weekends when the typical homeowner is spending all day at Home Depot, I am surfing or playing golf. Yeah you guys are right, home ownership rules and renting just kills your quality of life.[/quote]
I lived in my house for 3 years and my toilet haven’t broken once. How often does your toilet break? The biggest advantage buying have over renting is, in 30 years, all you’ll be paying for is the taxes and insurance on it while if you rent, you’ll have to deal with a much bigger expense. Dealing with rent on a fixed income won’t be fun. You’re at the mercy of your landlord. Much easier to retire with a peace of mind when you know or can predict all of your expenses. In 30 years, most of the money I save for retirement will all go to fun stuff. If I rent indefinitely, I would have to use some of the money I save for retirement for shelter. I would be scared to death if there’s any major inflation period while I’m renting and retired on fixed income.[/quote]

Yes there are advantages/disadvantages to both owning and renting. But you guys with your “american dream” non-sense is tiring. For anyone who bought between 2004 and 2007, how is your dream working out for you?[/quote]

Its working out great actually! This ‘nonsense’ of the American Dream you talk about is pretty awesome!

I bought a house in 2007. Value is pretty much exactly what I bought it for and now im buying a nice big fat house with a large yard for my first child to play in. Its got a view and my current mortgage has been a great write off that I sure could use.

You see..While you have been pouting about how crappy everything is I have been working my ass off to make sure my family doesnt have to worry about where they will live in a few years or if they will be homeless. Some of us would rather “do” than to cry and whine about how everything sucks and instead we stand up and fulfill our obligations. If you have ever been really poor you might know the fear that is instinctive about becoming that poor again.

You see, America is the easiest place to make a buck and to get by and not have to worry about things like running water, power or destitute poverty. And I feel really bad if you think its such a bad place or such a lie to able to live comfortably. When really its quite simply a huge stroke of fortune to live here.

If you cant cut the mustard and it makes you feel better to knock down everyone else’s dreams as stupid. Then I guess go ahead. I hate to see you suffer more. These fake dreams as you call them are what most people might literally kill to obtain elsewhere.

Just to recap. Bought in 2007. Buying in 2011. Paid more in taxes in 2010 than im guessing you made the last 5 years from the sour postings you have made.

Self made and work from home and get to spend all day with my son and wife. Hell. the American Dream is AWESOME!

[Author]

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