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joecParticipant
[quote=walterwhite]i had a pal who lived in a cheap motor home out near work for a year or so. I submit you do not need a house to live in.[/quote]
You don’t need much of anything in life. As I mentioned in another post, most of probably what other people spend their money on is probably a waste of money for you.
Your original comment above of: “I need to because my wife wants to do this.”
alone is enough for you and probably a lot of us to just buy a place and be done with it.
I was in the same boat, no regrets…
Also, like the other comment, if you had a baggillion dollars everywhere else but housing, putting 500k is probably a prudent move since you’re diversifying and again, you must have a place to live. Who knows, maybe the government will offer everyone who is a home owner 1% loans that they can also deduct on the tax returns directly and cut out all the banks with no income or asset verification.
Most folks would probably find it cheaper to buy than rent.
joecParticipant[quote=walterwhite]i had a pal who lived in a cheap motor home out near work for a year or so. I submit you do not need a house to live in.[/quote]
You don’t need much of anything in life. As I mentioned in another post, most of probably what other people spend their money on is probably a waste of money for you.
Your original comment above of: “I need to because my wife wants to do this.”
alone is enough for you and probably a lot of us to just buy a place and be done with it.
I was in the same boat, no regrets…
Also, like the other comment, if you had a baggillion dollars everywhere else but housing, putting 500k is probably a prudent move since you’re diversifying and again, you must have a place to live. Who knows, maybe the government will offer everyone who is a home owner 1% loans that they can also deduct on the tax returns directly and cut out all the banks with no income or asset verification.
Most folks would probably find it cheaper to buy than rent.
joecParticipantOut of curiosity, how many of the people who support these huge pensions/overtime/fire fighting pay/benefits/retirement packages have family or close friends or are directly benefiting from these policies? This includes any city employee, etc that has similar benefit structures.
Be honest now.
That said, I think a lot of this has to do with simply getting what you feel is yours or something you are benefiting from. Sorta like how as long as a some policy doesn’t affect you or your family, it’s ok with you as long as you aren’t paying for it.
What I really find annoying is the iron clad nature of a lot of these benefits/pensions and how no one can change it. If any business or household is ran this way, they’d be out of business or on the streets.
In a way, I am hoping this economic slog drags out so more and more of these abuses are brought to light (and yes, it is affecting me). If the economy 180ed and was humming again, no one would care about this stuff like the stock market bubbles or the housing bubble. Everyone was making money.
Sorta like how it’s reported how cities keep positions open and when they have to lay off 1000, 950 were open positions which were kept open and they end up laying off 50. Have this drag out for 5/10 years and more of it will come to light (as they are coming to light now).
I also wonder what if there is simply no one to tax anymore? What happens then? Is something like this happening in Vallejo now?
joecParticipantOut of curiosity, how many of the people who support these huge pensions/overtime/fire fighting pay/benefits/retirement packages have family or close friends or are directly benefiting from these policies? This includes any city employee, etc that has similar benefit structures.
Be honest now.
That said, I think a lot of this has to do with simply getting what you feel is yours or something you are benefiting from. Sorta like how as long as a some policy doesn’t affect you or your family, it’s ok with you as long as you aren’t paying for it.
What I really find annoying is the iron clad nature of a lot of these benefits/pensions and how no one can change it. If any business or household is ran this way, they’d be out of business or on the streets.
In a way, I am hoping this economic slog drags out so more and more of these abuses are brought to light (and yes, it is affecting me). If the economy 180ed and was humming again, no one would care about this stuff like the stock market bubbles or the housing bubble. Everyone was making money.
Sorta like how it’s reported how cities keep positions open and when they have to lay off 1000, 950 were open positions which were kept open and they end up laying off 50. Have this drag out for 5/10 years and more of it will come to light (as they are coming to light now).
I also wonder what if there is simply no one to tax anymore? What happens then? Is something like this happening in Vallejo now?
joecParticipantOut of curiosity, how many of the people who support these huge pensions/overtime/fire fighting pay/benefits/retirement packages have family or close friends or are directly benefiting from these policies? This includes any city employee, etc that has similar benefit structures.
Be honest now.
That said, I think a lot of this has to do with simply getting what you feel is yours or something you are benefiting from. Sorta like how as long as a some policy doesn’t affect you or your family, it’s ok with you as long as you aren’t paying for it.
What I really find annoying is the iron clad nature of a lot of these benefits/pensions and how no one can change it. If any business or household is ran this way, they’d be out of business or on the streets.
In a way, I am hoping this economic slog drags out so more and more of these abuses are brought to light (and yes, it is affecting me). If the economy 180ed and was humming again, no one would care about this stuff like the stock market bubbles or the housing bubble. Everyone was making money.
Sorta like how it’s reported how cities keep positions open and when they have to lay off 1000, 950 were open positions which were kept open and they end up laying off 50. Have this drag out for 5/10 years and more of it will come to light (as they are coming to light now).
I also wonder what if there is simply no one to tax anymore? What happens then? Is something like this happening in Vallejo now?
joecParticipantOut of curiosity, how many of the people who support these huge pensions/overtime/fire fighting pay/benefits/retirement packages have family or close friends or are directly benefiting from these policies? This includes any city employee, etc that has similar benefit structures.
Be honest now.
That said, I think a lot of this has to do with simply getting what you feel is yours or something you are benefiting from. Sorta like how as long as a some policy doesn’t affect you or your family, it’s ok with you as long as you aren’t paying for it.
What I really find annoying is the iron clad nature of a lot of these benefits/pensions and how no one can change it. If any business or household is ran this way, they’d be out of business or on the streets.
In a way, I am hoping this economic slog drags out so more and more of these abuses are brought to light (and yes, it is affecting me). If the economy 180ed and was humming again, no one would care about this stuff like the stock market bubbles or the housing bubble. Everyone was making money.
Sorta like how it’s reported how cities keep positions open and when they have to lay off 1000, 950 were open positions which were kept open and they end up laying off 50. Have this drag out for 5/10 years and more of it will come to light (as they are coming to light now).
I also wonder what if there is simply no one to tax anymore? What happens then? Is something like this happening in Vallejo now?
joecParticipantOut of curiosity, how many of the people who support these huge pensions/overtime/fire fighting pay/benefits/retirement packages have family or close friends or are directly benefiting from these policies? This includes any city employee, etc that has similar benefit structures.
Be honest now.
That said, I think a lot of this has to do with simply getting what you feel is yours or something you are benefiting from. Sorta like how as long as a some policy doesn’t affect you or your family, it’s ok with you as long as you aren’t paying for it.
What I really find annoying is the iron clad nature of a lot of these benefits/pensions and how no one can change it. If any business or household is ran this way, they’d be out of business or on the streets.
In a way, I am hoping this economic slog drags out so more and more of these abuses are brought to light (and yes, it is affecting me). If the economy 180ed and was humming again, no one would care about this stuff like the stock market bubbles or the housing bubble. Everyone was making money.
Sorta like how it’s reported how cities keep positions open and when they have to lay off 1000, 950 were open positions which were kept open and they end up laying off 50. Have this drag out for 5/10 years and more of it will come to light (as they are coming to light now).
I also wonder what if there is simply no one to tax anymore? What happens then? Is something like this happening in Vallejo now?
joecParticipantThe house is already half off. Amazingly, in the end, there are worst things in life than, OMG!, I have a mortgage and own a home!
The problem with housing unlike stocks or other assets if YOU HAVE TO HAVE A PLACE TO LIVE in.
Based on your profession (and your spouse), nothing wrong with paying like 1400/month (w/ interest deduction) to pay for a place to live in.
My old 2 bedroom apartment in the worst parts of SD almost cost that already…
Good luck on closing and once you get the keys, you’ll be so happy with all the extra time you have instead of trying to find a decent place you actually want to live in. π
Enjoy!
joecParticipantThe house is already half off. Amazingly, in the end, there are worst things in life than, OMG!, I have a mortgage and own a home!
The problem with housing unlike stocks or other assets if YOU HAVE TO HAVE A PLACE TO LIVE in.
Based on your profession (and your spouse), nothing wrong with paying like 1400/month (w/ interest deduction) to pay for a place to live in.
My old 2 bedroom apartment in the worst parts of SD almost cost that already…
Good luck on closing and once you get the keys, you’ll be so happy with all the extra time you have instead of trying to find a decent place you actually want to live in. π
Enjoy!
joecParticipantThe house is already half off. Amazingly, in the end, there are worst things in life than, OMG!, I have a mortgage and own a home!
The problem with housing unlike stocks or other assets if YOU HAVE TO HAVE A PLACE TO LIVE in.
Based on your profession (and your spouse), nothing wrong with paying like 1400/month (w/ interest deduction) to pay for a place to live in.
My old 2 bedroom apartment in the worst parts of SD almost cost that already…
Good luck on closing and once you get the keys, you’ll be so happy with all the extra time you have instead of trying to find a decent place you actually want to live in. π
Enjoy!
joecParticipantThe house is already half off. Amazingly, in the end, there are worst things in life than, OMG!, I have a mortgage and own a home!
The problem with housing unlike stocks or other assets if YOU HAVE TO HAVE A PLACE TO LIVE in.
Based on your profession (and your spouse), nothing wrong with paying like 1400/month (w/ interest deduction) to pay for a place to live in.
My old 2 bedroom apartment in the worst parts of SD almost cost that already…
Good luck on closing and once you get the keys, you’ll be so happy with all the extra time you have instead of trying to find a decent place you actually want to live in. π
Enjoy!
joecParticipantThe house is already half off. Amazingly, in the end, there are worst things in life than, OMG!, I have a mortgage and own a home!
The problem with housing unlike stocks or other assets if YOU HAVE TO HAVE A PLACE TO LIVE in.
Based on your profession (and your spouse), nothing wrong with paying like 1400/month (w/ interest deduction) to pay for a place to live in.
My old 2 bedroom apartment in the worst parts of SD almost cost that already…
Good luck on closing and once you get the keys, you’ll be so happy with all the extra time you have instead of trying to find a decent place you actually want to live in. π
Enjoy!
joecParticipantFlu, what did you end up buying?
joecParticipantFlu, what did you end up buying?
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