- This topic has 230 replies, 17 voices, and was last updated 14 years, 11 months ago by scaredyclassic.
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December 6, 2009 at 9:30 AM #491617December 6, 2009 at 10:12 AM #490756SD RealtorParticipant
I think that it is inevitable that interest rate shock (at the very least) is in our future. How far the prices will drop when that happens is speculative but it could be pretty grim. However I am not sure when we will see that shock. It could indeed be very 80’s like. So if you can reconcile that event then you are okay. Agreed with you on the higher taxes statement as well.
The real question is how long our creditors will continue to put up with our debt. I used to think (many years ago) that it would not be long. Now I am more convinced that will be several more years.
As far as finding a place, sounds like you found one that has been better then every single place you have seen. That definitely makes it harder to pass up. Sounds like a tough call scaredy.
December 6, 2009 at 10:12 AM #490922SD RealtorParticipantI think that it is inevitable that interest rate shock (at the very least) is in our future. How far the prices will drop when that happens is speculative but it could be pretty grim. However I am not sure when we will see that shock. It could indeed be very 80’s like. So if you can reconcile that event then you are okay. Agreed with you on the higher taxes statement as well.
The real question is how long our creditors will continue to put up with our debt. I used to think (many years ago) that it would not be long. Now I am more convinced that will be several more years.
As far as finding a place, sounds like you found one that has been better then every single place you have seen. That definitely makes it harder to pass up. Sounds like a tough call scaredy.
December 6, 2009 at 10:12 AM #491304SD RealtorParticipantI think that it is inevitable that interest rate shock (at the very least) is in our future. How far the prices will drop when that happens is speculative but it could be pretty grim. However I am not sure when we will see that shock. It could indeed be very 80’s like. So if you can reconcile that event then you are okay. Agreed with you on the higher taxes statement as well.
The real question is how long our creditors will continue to put up with our debt. I used to think (many years ago) that it would not be long. Now I am more convinced that will be several more years.
As far as finding a place, sounds like you found one that has been better then every single place you have seen. That definitely makes it harder to pass up. Sounds like a tough call scaredy.
December 6, 2009 at 10:12 AM #491393SD RealtorParticipantI think that it is inevitable that interest rate shock (at the very least) is in our future. How far the prices will drop when that happens is speculative but it could be pretty grim. However I am not sure when we will see that shock. It could indeed be very 80’s like. So if you can reconcile that event then you are okay. Agreed with you on the higher taxes statement as well.
The real question is how long our creditors will continue to put up with our debt. I used to think (many years ago) that it would not be long. Now I am more convinced that will be several more years.
As far as finding a place, sounds like you found one that has been better then every single place you have seen. That definitely makes it harder to pass up. Sounds like a tough call scaredy.
December 6, 2009 at 10:12 AM #491627SD RealtorParticipantI think that it is inevitable that interest rate shock (at the very least) is in our future. How far the prices will drop when that happens is speculative but it could be pretty grim. However I am not sure when we will see that shock. It could indeed be very 80’s like. So if you can reconcile that event then you are okay. Agreed with you on the higher taxes statement as well.
The real question is how long our creditors will continue to put up with our debt. I used to think (many years ago) that it would not be long. Now I am more convinced that will be several more years.
As far as finding a place, sounds like you found one that has been better then every single place you have seen. That definitely makes it harder to pass up. Sounds like a tough call scaredy.
December 6, 2009 at 11:16 AM #490781outtamojoParticipantWell, in 10 years the kids will be old enough for your wife to work full time again right?
December 6, 2009 at 11:16 AM #490947outtamojoParticipantWell, in 10 years the kids will be old enough for your wife to work full time again right?
December 6, 2009 at 11:16 AM #491329outtamojoParticipantWell, in 10 years the kids will be old enough for your wife to work full time again right?
December 6, 2009 at 11:16 AM #491418outtamojoParticipantWell, in 10 years the kids will be old enough for your wife to work full time again right?
December 6, 2009 at 11:16 AM #491652outtamojoParticipantWell, in 10 years the kids will be old enough for your wife to work full time again right?
December 6, 2009 at 11:56 AM #490796AdebisiParticipantI know 5 people that bought houses in the last few years and only 3 of them had heart attacks due to the stress. Out of the 3 that had heart attacks, 2 of them lived through it. Your odds of surviving this are pretty decent.
December 6, 2009 at 11:56 AM #490962AdebisiParticipantI know 5 people that bought houses in the last few years and only 3 of them had heart attacks due to the stress. Out of the 3 that had heart attacks, 2 of them lived through it. Your odds of surviving this are pretty decent.
December 6, 2009 at 11:56 AM #491344AdebisiParticipantI know 5 people that bought houses in the last few years and only 3 of them had heart attacks due to the stress. Out of the 3 that had heart attacks, 2 of them lived through it. Your odds of surviving this are pretty decent.
December 6, 2009 at 11:56 AM #491433AdebisiParticipantI know 5 people that bought houses in the last few years and only 3 of them had heart attacks due to the stress. Out of the 3 that had heart attacks, 2 of them lived through it. Your odds of surviving this are pretty decent.
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