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cashmanParticipant
I echo your sentiment…renting does suck, but it sure helps to ease the pain looking at my bank statements every month! I sold my home in 11/05, about the same as you, and like you haven’t rented for over twenty years. Making the psychological shift was the first step, then counting all the money I’m saving is the second. In my case, my home probably is still a couple of hundred thousand more today than when I sold it (LA county), but from a cash flow perspective, I’m doing OK. And I know sooner or later the cards will fall in LA. Then I’ll be dancing. The hardest thing for me about renting is not being able to show pride of ownership, which is important to me. I’m referring to little things, like being able to drill into the walls to install that killer home theater system, or put in some nice designer drapes, or plant some special fruit trees in the back yard and watch them grow. We are definitely deprived in some ways as renters, but just keep looking at your bank statements and count your blessings.
cashmanParticipantI echo your sentiment…renting does suck, but it sure helps to ease the pain looking at my bank statements every month! I sold my home in 11/05, about the same as you, and like you haven’t rented for over twenty years. Making the psychological shift was the first step, then counting all the money I’m saving is the second. In my case, my home probably is still a couple of hundred thousand more today than when I sold it (LA county), but from a cash flow perspective, I’m doing OK. And I know sooner or later the cards will fall in LA. Then I’ll be dancing. The hardest thing for me about renting is not being able to show pride of ownership, which is important to me. I’m referring to little things, like being able to drill into the walls to install that killer home theater system, or put in some nice designer drapes, or plant some special fruit trees in the back yard and watch them grow. We are definitely deprived in some ways as renters, but just keep looking at your bank statements and count your blessings.
cashmanParticipantI echo your sentiment…renting does suck, but it sure helps to ease the pain looking at my bank statements every month! I sold my home in 11/05, about the same as you, and like you haven’t rented for over twenty years. Making the psychological shift was the first step, then counting all the money I’m saving is the second. In my case, my home probably is still a couple of hundred thousand more today than when I sold it (LA county), but from a cash flow perspective, I’m doing OK. And I know sooner or later the cards will fall in LA. Then I’ll be dancing. The hardest thing for me about renting is not being able to show pride of ownership, which is important to me. I’m referring to little things, like being able to drill into the walls to install that killer home theater system, or put in some nice designer drapes, or plant some special fruit trees in the back yard and watch them grow. We are definitely deprived in some ways as renters, but just keep looking at your bank statements and count your blessings.
cashmanParticipantI echo your sentiment…renting does suck, but it sure helps to ease the pain looking at my bank statements every month! I sold my home in 11/05, about the same as you, and like you haven’t rented for over twenty years. Making the psychological shift was the first step, then counting all the money I’m saving is the second. In my case, my home probably is still a couple of hundred thousand more today than when I sold it (LA county), but from a cash flow perspective, I’m doing OK. And I know sooner or later the cards will fall in LA. Then I’ll be dancing. The hardest thing for me about renting is not being able to show pride of ownership, which is important to me. I’m referring to little things, like being able to drill into the walls to install that killer home theater system, or put in some nice designer drapes, or plant some special fruit trees in the back yard and watch them grow. We are definitely deprived in some ways as renters, but just keep looking at your bank statements and count your blessings.
December 7, 2007 at 12:36 AM in reply to: Just bought a new house, questions on finance and home inspection #111131cashmanParticipantDon’t mean to sound insensitive, but kiss your 10 percent down goodbye. End of year incentives next year will be much more tempting, as the price will be 10 percent lower, too.
December 7, 2007 at 12:36 AM in reply to: Just bought a new house, questions on finance and home inspection #111248cashmanParticipantDon’t mean to sound insensitive, but kiss your 10 percent down goodbye. End of year incentives next year will be much more tempting, as the price will be 10 percent lower, too.
December 7, 2007 at 12:36 AM in reply to: Just bought a new house, questions on finance and home inspection #111282cashmanParticipantDon’t mean to sound insensitive, but kiss your 10 percent down goodbye. End of year incentives next year will be much more tempting, as the price will be 10 percent lower, too.
December 7, 2007 at 12:36 AM in reply to: Just bought a new house, questions on finance and home inspection #111300cashmanParticipantDon’t mean to sound insensitive, but kiss your 10 percent down goodbye. End of year incentives next year will be much more tempting, as the price will be 10 percent lower, too.
December 7, 2007 at 12:36 AM in reply to: Just bought a new house, questions on finance and home inspection #111325cashmanParticipantDon’t mean to sound insensitive, but kiss your 10 percent down goodbye. End of year incentives next year will be much more tempting, as the price will be 10 percent lower, too.
December 2, 2007 at 9:35 PM in reply to: housing already in 2001 prices considering inflation, how low can it go? and why? #107650cashmanParticipantI’m finding prices way below what your stating, but probably not in the same area. Around Temecula, Murrieta and Elsinore, I’m finding new houses priced as low as $105 a foot. I, too am wondering how much lower can it go, as I don’t see how a builder can actually build for any less.
December 2, 2007 at 9:35 PM in reply to: housing already in 2001 prices considering inflation, how low can it go? and why? #107747cashmanParticipantI’m finding prices way below what your stating, but probably not in the same area. Around Temecula, Murrieta and Elsinore, I’m finding new houses priced as low as $105 a foot. I, too am wondering how much lower can it go, as I don’t see how a builder can actually build for any less.
December 2, 2007 at 9:35 PM in reply to: housing already in 2001 prices considering inflation, how low can it go? and why? #107782cashmanParticipantI’m finding prices way below what your stating, but probably not in the same area. Around Temecula, Murrieta and Elsinore, I’m finding new houses priced as low as $105 a foot. I, too am wondering how much lower can it go, as I don’t see how a builder can actually build for any less.
December 2, 2007 at 9:35 PM in reply to: housing already in 2001 prices considering inflation, how low can it go? and why? #107793cashmanParticipantI’m finding prices way below what your stating, but probably not in the same area. Around Temecula, Murrieta and Elsinore, I’m finding new houses priced as low as $105 a foot. I, too am wondering how much lower can it go, as I don’t see how a builder can actually build for any less.
December 2, 2007 at 9:35 PM in reply to: housing already in 2001 prices considering inflation, how low can it go? and why? #107806cashmanParticipantI’m finding prices way below what your stating, but probably not in the same area. Around Temecula, Murrieta and Elsinore, I’m finding new houses priced as low as $105 a foot. I, too am wondering how much lower can it go, as I don’t see how a builder can actually build for any less.
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