next few months matter?

[NotCranky]

[quote=scaredycat] ultimately, there is no real power over women and children. just love and the power of persuasion. and guilt of cours,..[/quote]
I wouldn’t have it any other way.

[UCGal]

[quote=scaredycat]here’s a price history on a place near where we rent, but not like our rental, but still…

Date Event Price Appreciation Source
Feb 07, 2010 Listed $299,900 —
Feb 07, 2010 Listed $299,900 —
Jan 03, 1992 Sold (Public Records) $246,000 8.1%/yr Public Records
Apr 01, 1989 Sold (Public Records) $198,500 — Public Records

if this were me 20 years down the line, i’d be, well, a little irritated if i wer eheavily leveraged. look at this…jeepers. held the place for almost 20 years, and after the realtor’s cut, and repairs, it’s a loss. yeah you raised a family, happy memories, etc etc…but you’d think you could break even in 20 years! by it 2 y 10 m earlier, and at least you walk away witha bit. maybe. and this assumes the selelr’s gonna gt 299 for the listing, which i doubt.[/quote]

Ah – this goes back to my premise I keep stating… Are you buying a place as an investment – to make your money grow? Or are you buying a place to live in, for shelter.

If you rented for 20 years, you wouldn’t make a profit, either.

I’m not suggesting you buy, or not… I’m just not a big fan of buying houses with the idea of selling for profit… too much downside risk in that proposition… If you have a budget for shelter – and buying fits that budget and gets you a decent home… go for it.

[UCGal]

[quote=scaredycat]here’s a price history on a place near where we rent, but not like our rental, but still…

Date Event Price Appreciation Source
Feb 07, 2010 Listed $299,900 —
Feb 07, 2010 Listed $299,900 —
Jan 03, 1992 Sold (Public Records) $246,000 8.1%/yr Public Records
Apr 01, 1989 Sold (Public Records) $198,500 — Public Records

if this were me 20 years down the line, i’d be, well, a little irritated if i wer eheavily leveraged. look at this…jeepers. held the place for almost 20 years, and after the realtor’s cut, and repairs, it’s a loss. yeah you raised a family, happy memories, etc etc…but you’d think you could break even in 20 years! by it 2 y 10 m earlier, and at least you walk away witha bit. maybe. and this assumes the selelr’s gonna gt 299 for the listing, which i doubt.[/quote]

Ah – this goes back to my premise I keep stating… Are you buying a place as an investment – to make your money grow? Or are you buying a place to live in, for shelter.

If you rented for 20 years, you wouldn’t make a profit, either.

I’m not suggesting you buy, or not… I’m just not a big fan of buying houses with the idea of selling for profit… too much downside risk in that proposition… If you have a budget for shelter – and buying fits that budget and gets you a decent home… go for it.

[UCGal]

[quote=scaredycat]here’s a price history on a place near where we rent, but not like our rental, but still…

Date Event Price Appreciation Source
Feb 07, 2010 Listed $299,900 —
Feb 07, 2010 Listed $299,900 —
Jan 03, 1992 Sold (Public Records) $246,000 8.1%/yr Public Records
Apr 01, 1989 Sold (Public Records) $198,500 — Public Records

if this were me 20 years down the line, i’d be, well, a little irritated if i wer eheavily leveraged. look at this…jeepers. held the place for almost 20 years, and after the realtor’s cut, and repairs, it’s a loss. yeah you raised a family, happy memories, etc etc…but you’d think you could break even in 20 years! by it 2 y 10 m earlier, and at least you walk away witha bit. maybe. and this assumes the selelr’s gonna gt 299 for the listing, which i doubt.[/quote]

Ah – this goes back to my premise I keep stating… Are you buying a place as an investment – to make your money grow? Or are you buying a place to live in, for shelter.

If you rented for 20 years, you wouldn’t make a profit, either.

I’m not suggesting you buy, or not… I’m just not a big fan of buying houses with the idea of selling for profit… too much downside risk in that proposition… If you have a budget for shelter – and buying fits that budget and gets you a decent home… go for it.

[UCGal]

[quote=scaredycat]here’s a price history on a place near where we rent, but not like our rental, but still…

Date Event Price Appreciation Source
Feb 07, 2010 Listed $299,900 —
Feb 07, 2010 Listed $299,900 —
Jan 03, 1992 Sold (Public Records) $246,000 8.1%/yr Public Records
Apr 01, 1989 Sold (Public Records) $198,500 — Public Records

if this were me 20 years down the line, i’d be, well, a little irritated if i wer eheavily leveraged. look at this…jeepers. held the place for almost 20 years, and after the realtor’s cut, and repairs, it’s a loss. yeah you raised a family, happy memories, etc etc…but you’d think you could break even in 20 years! by it 2 y 10 m earlier, and at least you walk away witha bit. maybe. and this assumes the selelr’s gonna gt 299 for the listing, which i doubt.[/quote]

Ah – this goes back to my premise I keep stating… Are you buying a place as an investment – to make your money grow? Or are you buying a place to live in, for shelter.

If you rented for 20 years, you wouldn’t make a profit, either.

I’m not suggesting you buy, or not… I’m just not a big fan of buying houses with the idea of selling for profit… too much downside risk in that proposition… If you have a budget for shelter – and buying fits that budget and gets you a decent home… go for it.

[UCGal]

[quote=scaredycat]here’s a price history on a place near where we rent, but not like our rental, but still…

Date Event Price Appreciation Source
Feb 07, 2010 Listed $299,900 —
Feb 07, 2010 Listed $299,900 —
Jan 03, 1992 Sold (Public Records) $246,000 8.1%/yr Public Records
Apr 01, 1989 Sold (Public Records) $198,500 — Public Records

if this were me 20 years down the line, i’d be, well, a little irritated if i wer eheavily leveraged. look at this…jeepers. held the place for almost 20 years, and after the realtor’s cut, and repairs, it’s a loss. yeah you raised a family, happy memories, etc etc…but you’d think you could break even in 20 years! by it 2 y 10 m earlier, and at least you walk away witha bit. maybe. and this assumes the selelr’s gonna gt 299 for the listing, which i doubt.[/quote]

Ah – this goes back to my premise I keep stating… Are you buying a place as an investment – to make your money grow? Or are you buying a place to live in, for shelter.

If you rented for 20 years, you wouldn’t make a profit, either.

I’m not suggesting you buy, or not… I’m just not a big fan of buying houses with the idea of selling for profit… too much downside risk in that proposition… If you have a budget for shelter – and buying fits that budget and gets you a decent home… go for it.

[scaredyclassic]

you can pretend it’s not an investment, but at the end of the day, you either make money on it, lose money on it, or break even, as compared to rent. so it is a massive investment, of time, money and energy. to say it’s not an investment is, well, not being genuine in my book. I agree, it’s adifferent type of long term investment, but its not like at the end of the day, when you ahve to settle up, there’s not a result.

[scaredyclassic]

you can pretend it’s not an investment, but at the end of the day, you either make money on it, lose money on it, or break even, as compared to rent. so it is a massive investment, of time, money and energy. to say it’s not an investment is, well, not being genuine in my book. I agree, it’s adifferent type of long term investment, but its not like at the end of the day, when you ahve to settle up, there’s not a result.

[scaredyclassic]

you can pretend it’s not an investment, but at the end of the day, you either make money on it, lose money on it, or break even, as compared to rent. so it is a massive investment, of time, money and energy. to say it’s not an investment is, well, not being genuine in my book. I agree, it’s adifferent type of long term investment, but its not like at the end of the day, when you ahve to settle up, there’s not a result.

[scaredyclassic]

you can pretend it’s not an investment, but at the end of the day, you either make money on it, lose money on it, or break even, as compared to rent. so it is a massive investment, of time, money and energy. to say it’s not an investment is, well, not being genuine in my book. I agree, it’s adifferent type of long term investment, but its not like at the end of the day, when you ahve to settle up, there’s not a result.

[scaredyclassic]

you can pretend it’s not an investment, but at the end of the day, you either make money on it, lose money on it, or break even, as compared to rent. so it is a massive investment, of time, money and energy. to say it’s not an investment is, well, not being genuine in my book. I agree, it’s adifferent type of long term investment, but its not like at the end of the day, when you ahve to settle up, there’s not a result.

[Nor-LA-SD-guy]

Well you figure even with normal Targeted inflation your looking at 3% (less than that and I think your in serious economic funk).

3% a year compounded plus the tax break hmmm…

Assuming your getting 50% off peak .Think think…

I don’t know I don’t have time but I think over twenty/thirty years as long as it equals about rent your now paying, let see…..

anyway I think you will find it a better investment over longer periods of time.

[Nor-LA-SD-guy]

Well you figure even with normal Targeted inflation your looking at 3% (less than that and I think your in serious economic funk).

3% a year compounded plus the tax break hmmm…

Assuming your getting 50% off peak .Think think…

I don’t know I don’t have time but I think over twenty/thirty years as long as it equals about rent your now paying, let see…..

anyway I think you will find it a better investment over longer periods of time.

[Nor-LA-SD-guy]

Well you figure even with normal Targeted inflation your looking at 3% (less than that and I think your in serious economic funk).

3% a year compounded plus the tax break hmmm…

Assuming your getting 50% off peak .Think think…

I don’t know I don’t have time but I think over twenty/thirty years as long as it equals about rent your now paying, let see…..

anyway I think you will find it a better investment over longer periods of time.

[Nor-LA-SD-guy]

Well you figure even with normal Targeted inflation your looking at 3% (less than that and I think your in serious economic funk).

3% a year compounded plus the tax break hmmm…

Assuming your getting 50% off peak .Think think…

I don’t know I don’t have time but I think over twenty/thirty years as long as it equals about rent your now paying, let see…..

anyway I think you will find it a better investment over longer periods of time.

[Author]

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