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bsrsharma
ParticipantCouple #1 was having marriage problems and thought buying a home and living together would help.
I had this hunch based on a couple of empirical observations. Interesting to see another data point. I think some wives in difficult marriages grasp at homebuying (or having a baby) as a cementing factor. Looks like it usually fails (and if anything, contributes to accelerating the fracture). On the other hand, I have also observed some good marriages fall apart after buying an unaffordable home and the resulting financial distress from it.
I think the correlation between housing bubble and its impact on marriages would make a fine subject for a few Ph. Ds in Sociology!
bsrsharma
ParticipantCouple #1 was having marriage problems and thought buying a home and living together would help.
I had this hunch based on a couple of empirical observations. Interesting to see another data point. I think some wives in difficult marriages grasp at homebuying (or having a baby) as a cementing factor. Looks like it usually fails (and if anything, contributes to accelerating the fracture). On the other hand, I have also observed some good marriages fall apart after buying an unaffordable home and the resulting financial distress from it.
I think the correlation between housing bubble and its impact on marriages would make a fine subject for a few Ph. Ds in Sociology!
bsrsharma
ParticipantCouple #1 was having marriage problems and thought buying a home and living together would help.
I had this hunch based on a couple of empirical observations. Interesting to see another data point. I think some wives in difficult marriages grasp at homebuying (or having a baby) as a cementing factor. Looks like it usually fails (and if anything, contributes to accelerating the fracture). On the other hand, I have also observed some good marriages fall apart after buying an unaffordable home and the resulting financial distress from it.
I think the correlation between housing bubble and its impact on marriages would make a fine subject for a few Ph. Ds in Sociology!
bsrsharma
ParticipantCouple #1 was having marriage problems and thought buying a home and living together would help.
I had this hunch based on a couple of empirical observations. Interesting to see another data point. I think some wives in difficult marriages grasp at homebuying (or having a baby) as a cementing factor. Looks like it usually fails (and if anything, contributes to accelerating the fracture). On the other hand, I have also observed some good marriages fall apart after buying an unaffordable home and the resulting financial distress from it.
I think the correlation between housing bubble and its impact on marriages would make a fine subject for a few Ph. Ds in Sociology!
bsrsharma
ParticipantCouple #1 was having marriage problems and thought buying a home and living together would help.
I had this hunch based on a couple of empirical observations. Interesting to see another data point. I think some wives in difficult marriages grasp at homebuying (or having a baby) as a cementing factor. Looks like it usually fails (and if anything, contributes to accelerating the fracture). On the other hand, I have also observed some good marriages fall apart after buying an unaffordable home and the resulting financial distress from it.
I think the correlation between housing bubble and its impact on marriages would make a fine subject for a few Ph. Ds in Sociology!
bsrsharma
ParticipantSDR,
What could be the reason the buyer bought in 7/05 and wanted to sell in 8/06? At 6%, transaction costs would be about $100K. Was this a case of pure speculation or something else? The reason I am asking this is, I see many transactions like this – buying and then trying to sell in 12 -18 months. Surely, they didn’t plan on living there just for a year.
bsrsharma
ParticipantSDR,
What could be the reason the buyer bought in 7/05 and wanted to sell in 8/06? At 6%, transaction costs would be about $100K. Was this a case of pure speculation or something else? The reason I am asking this is, I see many transactions like this – buying and then trying to sell in 12 -18 months. Surely, they didn’t plan on living there just for a year.
bsrsharma
ParticipantSDR,
What could be the reason the buyer bought in 7/05 and wanted to sell in 8/06? At 6%, transaction costs would be about $100K. Was this a case of pure speculation or something else? The reason I am asking this is, I see many transactions like this – buying and then trying to sell in 12 -18 months. Surely, they didn’t plan on living there just for a year.
bsrsharma
ParticipantSDR,
What could be the reason the buyer bought in 7/05 and wanted to sell in 8/06? At 6%, transaction costs would be about $100K. Was this a case of pure speculation or something else? The reason I am asking this is, I see many transactions like this – buying and then trying to sell in 12 -18 months. Surely, they didn’t plan on living there just for a year.
bsrsharma
ParticipantSDR,
What could be the reason the buyer bought in 7/05 and wanted to sell in 8/06? At 6%, transaction costs would be about $100K. Was this a case of pure speculation or something else? The reason I am asking this is, I see many transactions like this – buying and then trying to sell in 12 -18 months. Surely, they didn’t plan on living there just for a year.
bsrsharma
ParticipantFrom the pictures, it doesn’t look like a million $ property. A smart bottom fisher would wait it out.
bsrsharma
ParticipantFrom the pictures, it doesn’t look like a million $ property. A smart bottom fisher would wait it out.
bsrsharma
ParticipantFrom the pictures, it doesn’t look like a million $ property. A smart bottom fisher would wait it out.
bsrsharma
ParticipantFrom the pictures, it doesn’t look like a million $ property. A smart bottom fisher would wait it out.
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