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January 31, 2008 at 3:18 PM in reply to: Article on SD buyer suing their RE agent for overpaying #146162January 31, 2008 at 3:18 PM in reply to: Article on SD buyer suing their RE agent for overpaying #146406
Bugs
ParticipantBack in mid-2005 there were very few people listening to us.
January 31, 2008 at 3:18 PM in reply to: Article on SD buyer suing their RE agent for overpaying #146433ParticipantBack in mid-2005 there were very few people listening to us.
January 31, 2008 at 3:18 PM in reply to: Article on SD buyer suing their RE agent for overpaying #146444ParticipantBack in mid-2005 there were very few people listening to us.
January 31, 2008 at 3:18 PM in reply to: Article on SD buyer suing their RE agent for overpaying #146504ParticipantBack in mid-2005 there were very few people listening to us.
ParticipantRaybyrnes,
I’m one of those people, and I freely admit to being “stupid” from a purely financial perspective. My point of purchase was far enough back that my mortgage is a lot less than my rent would be, but the fact remains that I have foregone banking a lot of equity. Not too smart, eh?
However, if you’ll read my prior post I did qualify my remarks by including the “if you can afford it”, and “if the emoptional payoff is worth it to you” clauses. For me, both apply. I’m self-employed in a cyclical business and not having a large housing expense provides me with enough emotional payoff to make it worth my while to not play on the property ladder. Different strokes.
The difference between me and a lot of our trolls is that I don’t spend any amount of time gloating about how smart I am, how much money I’ve “made”, or telling people they’re idiots for not following my example. From a purely financial standpoint I’ve made a bad decision, but I fully understood all the ups and downs of that decision before I made it. I fully own my decision and I’m happy with it. I don’t look for outside validation and I don’t constantly whine about how decisions made by other people are hurting me.
But you’re right – it isn’t people like me who set the trends. All the action occurs on the margins, meaning those who have to sell and those who have to buy. Everyone else is just along for the ride.
ParticipantRaybyrnes,
I’m one of those people, and I freely admit to being “stupid” from a purely financial perspective. My point of purchase was far enough back that my mortgage is a lot less than my rent would be, but the fact remains that I have foregone banking a lot of equity. Not too smart, eh?
However, if you’ll read my prior post I did qualify my remarks by including the “if you can afford it”, and “if the emoptional payoff is worth it to you” clauses. For me, both apply. I’m self-employed in a cyclical business and not having a large housing expense provides me with enough emotional payoff to make it worth my while to not play on the property ladder. Different strokes.
The difference between me and a lot of our trolls is that I don’t spend any amount of time gloating about how smart I am, how much money I’ve “made”, or telling people they’re idiots for not following my example. From a purely financial standpoint I’ve made a bad decision, but I fully understood all the ups and downs of that decision before I made it. I fully own my decision and I’m happy with it. I don’t look for outside validation and I don’t constantly whine about how decisions made by other people are hurting me.
But you’re right – it isn’t people like me who set the trends. All the action occurs on the margins, meaning those who have to sell and those who have to buy. Everyone else is just along for the ride.
ParticipantRaybyrnes,
I’m one of those people, and I freely admit to being “stupid” from a purely financial perspective. My point of purchase was far enough back that my mortgage is a lot less than my rent would be, but the fact remains that I have foregone banking a lot of equity. Not too smart, eh?
However, if you’ll read my prior post I did qualify my remarks by including the “if you can afford it”, and “if the emoptional payoff is worth it to you” clauses. For me, both apply. I’m self-employed in a cyclical business and not having a large housing expense provides me with enough emotional payoff to make it worth my while to not play on the property ladder. Different strokes.
The difference between me and a lot of our trolls is that I don’t spend any amount of time gloating about how smart I am, how much money I’ve “made”, or telling people they’re idiots for not following my example. From a purely financial standpoint I’ve made a bad decision, but I fully understood all the ups and downs of that decision before I made it. I fully own my decision and I’m happy with it. I don’t look for outside validation and I don’t constantly whine about how decisions made by other people are hurting me.
But you’re right – it isn’t people like me who set the trends. All the action occurs on the margins, meaning those who have to sell and those who have to buy. Everyone else is just along for the ride.
ParticipantRaybyrnes,
I’m one of those people, and I freely admit to being “stupid” from a purely financial perspective. My point of purchase was far enough back that my mortgage is a lot less than my rent would be, but the fact remains that I have foregone banking a lot of equity. Not too smart, eh?
However, if you’ll read my prior post I did qualify my remarks by including the “if you can afford it”, and “if the emoptional payoff is worth it to you” clauses. For me, both apply. I’m self-employed in a cyclical business and not having a large housing expense provides me with enough emotional payoff to make it worth my while to not play on the property ladder. Different strokes.
The difference between me and a lot of our trolls is that I don’t spend any amount of time gloating about how smart I am, how much money I’ve “made”, or telling people they’re idiots for not following my example. From a purely financial standpoint I’ve made a bad decision, but I fully understood all the ups and downs of that decision before I made it. I fully own my decision and I’m happy with it. I don’t look for outside validation and I don’t constantly whine about how decisions made by other people are hurting me.
But you’re right – it isn’t people like me who set the trends. All the action occurs on the margins, meaning those who have to sell and those who have to buy. Everyone else is just along for the ride.
ParticipantRaybyrnes,
I’m one of those people, and I freely admit to being “stupid” from a purely financial perspective. My point of purchase was far enough back that my mortgage is a lot less than my rent would be, but the fact remains that I have foregone banking a lot of equity. Not too smart, eh?
However, if you’ll read my prior post I did qualify my remarks by including the “if you can afford it”, and “if the emoptional payoff is worth it to you” clauses. For me, both apply. I’m self-employed in a cyclical business and not having a large housing expense provides me with enough emotional payoff to make it worth my while to not play on the property ladder. Different strokes.
The difference between me and a lot of our trolls is that I don’t spend any amount of time gloating about how smart I am, how much money I’ve “made”, or telling people they’re idiots for not following my example. From a purely financial standpoint I’ve made a bad decision, but I fully understood all the ups and downs of that decision before I made it. I fully own my decision and I’m happy with it. I don’t look for outside validation and I don’t constantly whine about how decisions made by other people are hurting me.
But you’re right – it isn’t people like me who set the trends. All the action occurs on the margins, meaning those who have to sell and those who have to buy. Everyone else is just along for the ride.
ParticipantMaking a statement like “it’s better to own than to rent” is a somewhat equivalent to saying “chocolate ice cream is better than strawberry ice cream. Or steak.” It is true for some people under some conditions, but without qualifying those conditions it becomes meaningless.
From an emotional viewpoint and in terms of making the average soccer mom happy there’s little doubt that owning is the better choice for those who can afford it. But from a financial viewpoint and considering the current economic climate it is a horrible choice for most everyone else.
If you can afford it and if the emotional payoff of owning is worth as much or more than the cumulative amount of cash you’re going to drop over the years as a result of making mortgage payments that are double what your rents would be on that house, then go for it and be happy. Stop hanging out on boards like this one where participants focus on the financial aspects of the markets. You don’t need our validation and you’re just wasting your time trying to persuade rational people to adopt your irrational (but still valid, for you) viewpoint.
If you want validation from people you respect then you should be hanging out with those people who already share that orientation. In other words, not here.
ParticipantMaking a statement like “it’s better to own than to rent” is a somewhat equivalent to saying “chocolate ice cream is better than strawberry ice cream. Or steak.” It is true for some people under some conditions, but without qualifying those conditions it becomes meaningless.
From an emotional viewpoint and in terms of making the average soccer mom happy there’s little doubt that owning is the better choice for those who can afford it. But from a financial viewpoint and considering the current economic climate it is a horrible choice for most everyone else.
If you can afford it and if the emotional payoff of owning is worth as much or more than the cumulative amount of cash you’re going to drop over the years as a result of making mortgage payments that are double what your rents would be on that house, then go for it and be happy. Stop hanging out on boards like this one where participants focus on the financial aspects of the markets. You don’t need our validation and you’re just wasting your time trying to persuade rational people to adopt your irrational (but still valid, for you) viewpoint.
If you want validation from people you respect then you should be hanging out with those people who already share that orientation. In other words, not here.
ParticipantMaking a statement like “it’s better to own than to rent” is a somewhat equivalent to saying “chocolate ice cream is better than strawberry ice cream. Or steak.” It is true for some people under some conditions, but without qualifying those conditions it becomes meaningless.
From an emotional viewpoint and in terms of making the average soccer mom happy there’s little doubt that owning is the better choice for those who can afford it. But from a financial viewpoint and considering the current economic climate it is a horrible choice for most everyone else.
If you can afford it and if the emotional payoff of owning is worth as much or more than the cumulative amount of cash you’re going to drop over the years as a result of making mortgage payments that are double what your rents would be on that house, then go for it and be happy. Stop hanging out on boards like this one where participants focus on the financial aspects of the markets. You don’t need our validation and you’re just wasting your time trying to persuade rational people to adopt your irrational (but still valid, for you) viewpoint.
If you want validation from people you respect then you should be hanging out with those people who already share that orientation. In other words, not here.
ParticipantMaking a statement like “it’s better to own than to rent” is a somewhat equivalent to saying “chocolate ice cream is better than strawberry ice cream. Or steak.” It is true for some people under some conditions, but without qualifying those conditions it becomes meaningless.
From an emotional viewpoint and in terms of making the average soccer mom happy there’s little doubt that owning is the better choice for those who can afford it. But from a financial viewpoint and considering the current economic climate it is a horrible choice for most everyone else.
If you can afford it and if the emotional payoff of owning is worth as much or more than the cumulative amount of cash you’re going to drop over the years as a result of making mortgage payments that are double what your rents would be on that house, then go for it and be happy. Stop hanging out on boards like this one where participants focus on the financial aspects of the markets. You don’t need our validation and you’re just wasting your time trying to persuade rational people to adopt your irrational (but still valid, for you) viewpoint.
If you want validation from people you respect then you should be hanging out with those people who already share that orientation. In other words, not here.
ParticipantMaking a statement like “it’s better to own than to rent” is a somewhat equivalent to saying “chocolate ice cream is better than strawberry ice cream. Or steak.” It is true for some people under some conditions, but without qualifying those conditions it becomes meaningless.
From an emotional viewpoint and in terms of making the average soccer mom happy there’s little doubt that owning is the better choice for those who can afford it. But from a financial viewpoint and considering the current economic climate it is a horrible choice for most everyone else.
If you can afford it and if the emotional payoff of owning is worth as much or more than the cumulative amount of cash you’re going to drop over the years as a result of making mortgage payments that are double what your rents would be on that house, then go for it and be happy. Stop hanging out on boards like this one where participants focus on the financial aspects of the markets. You don’t need our validation and you’re just wasting your time trying to persuade rational people to adopt your irrational (but still valid, for you) viewpoint.
If you want validation from people you respect then you should be hanging out with those people who already share that orientation. In other words, not here.
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