Goodbye Piggys

[VoZangre]

Subtext…

“Here’s a weird detail to look at. Where are elite college sports teams. Typically in the warmer climates. Why? Becasue kids want to play in nicer climates.”

I s’pose yer thinkin o USC, and Florida?

You leave out Michigan ( and State) Ohio State, Notre Dame ( til fat-man Weis), Texas…

Kids wanna play where elite programs are…

you heard of NC, Kentucky, UCONN? The kids aint there cos o the weather…

better off to hi-lite and alt-x that section.

Voz

[ucodegen]

@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.

This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).

[ucodegen]

@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.

This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).

[ucodegen]

@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.

This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).

[ucodegen]

@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.

This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).

[ucodegen]

@Raybyrnes
I also think people are fooling themselves if they think interest rates are going to stay this low forever so loan notes and cash flow will impact overall long term costs.

This is what this ‘renter’ is betting on. As interest rates rise, the prices that equivalent houses sell for will drop. Most people only look at the monthly payments for what they can buy and what they perceive it is worth. Since I am sitting on a whole pile of cash (could buy right now for cash, but won’t) I want to get the best return on my cash. You can view the return on invested down payment as being equivalent to the mortgage rate (because that is the rate and cost is offsets).

[Raybyrnes]

ucodegen

There are certainly inflection point that optimizw purchae price and interest rates.

To me you would be hard pressed to get me to put a lot of cash down on a house. I will put down what is necessary only to get the most opportunistic interst rate. The rest of my cash will continue to remain liquid I I don’t mind being negative short term on a mortgage vs money market. Over the long haul I beleive there will be enough periods of time when interest reates paid by banks will be higher than the interest rates paid on current mortgages. This will begin to lower my over all cost of housing.

Whatevr the case may be you plunk down cash you give something up, you take out a mortgage you are tied into a payament and need to be able to manage the cash flow. You’ll only know if you hit it perfectly 5 to 10 years after you bought.

[Raybyrnes]

ucodegen

There are certainly inflection point that optimizw purchae price and interest rates.

To me you would be hard pressed to get me to put a lot of cash down on a house. I will put down what is necessary only to get the most opportunistic interst rate. The rest of my cash will continue to remain liquid I I don’t mind being negative short term on a mortgage vs money market. Over the long haul I beleive there will be enough periods of time when interest reates paid by banks will be higher than the interest rates paid on current mortgages. This will begin to lower my over all cost of housing.

Whatevr the case may be you plunk down cash you give something up, you take out a mortgage you are tied into a payament and need to be able to manage the cash flow. You’ll only know if you hit it perfectly 5 to 10 years after you bought.

[Raybyrnes]

ucodegen

There are certainly inflection point that optimizw purchae price and interest rates.

To me you would be hard pressed to get me to put a lot of cash down on a house. I will put down what is necessary only to get the most opportunistic interst rate. The rest of my cash will continue to remain liquid I I don’t mind being negative short term on a mortgage vs money market. Over the long haul I beleive there will be enough periods of time when interest reates paid by banks will be higher than the interest rates paid on current mortgages. This will begin to lower my over all cost of housing.

Whatevr the case may be you plunk down cash you give something up, you take out a mortgage you are tied into a payament and need to be able to manage the cash flow. You’ll only know if you hit it perfectly 5 to 10 years after you bought.

[Raybyrnes]

ucodegen

There are certainly inflection point that optimizw purchae price and interest rates.

To me you would be hard pressed to get me to put a lot of cash down on a house. I will put down what is necessary only to get the most opportunistic interst rate. The rest of my cash will continue to remain liquid I I don’t mind being negative short term on a mortgage vs money market. Over the long haul I beleive there will be enough periods of time when interest reates paid by banks will be higher than the interest rates paid on current mortgages. This will begin to lower my over all cost of housing.

Whatevr the case may be you plunk down cash you give something up, you take out a mortgage you are tied into a payament and need to be able to manage the cash flow. You’ll only know if you hit it perfectly 5 to 10 years after you bought.

[Raybyrnes]

ucodegen

There are certainly inflection point that optimizw purchae price and interest rates.

To me you would be hard pressed to get me to put a lot of cash down on a house. I will put down what is necessary only to get the most opportunistic interst rate. The rest of my cash will continue to remain liquid I I don’t mind being negative short term on a mortgage vs money market. Over the long haul I beleive there will be enough periods of time when interest reates paid by banks will be higher than the interest rates paid on current mortgages. This will begin to lower my over all cost of housing.

Whatevr the case may be you plunk down cash you give something up, you take out a mortgage you are tied into a payament and need to be able to manage the cash flow. You’ll only know if you hit it perfectly 5 to 10 years after you bought.

[dbapig]

dba
I didn’t know that about Pol Pot. Kinda unrelated but Hitler was a failed artist. He was interested in making a living as a painter but failed to gain admission to an art school. Bitterness from that contributed to his focusing energy in politics and you all know what happened…

imho

[dbapig]

dba
I didn’t know that about Pol Pot. Kinda unrelated but Hitler was a failed artist. He was interested in making a living as a painter but failed to gain admission to an art school. Bitterness from that contributed to his focusing energy in politics and you all know what happened…

imho

[dbapig]

dba
I didn’t know that about Pol Pot. Kinda unrelated but Hitler was a failed artist. He was interested in making a living as a painter but failed to gain admission to an art school. Bitterness from that contributed to his focusing energy in politics and you all know what happened…

imho

[dbapig]

dba
I didn’t know that about Pol Pot. Kinda unrelated but Hitler was a failed artist. He was interested in making a living as a painter but failed to gain admission to an art school. Bitterness from that contributed to his focusing energy in politics and you all know what happened…

imho

[Author]

Posts