[lifeizfunhuh]

JP,

The purchase is going to look like very good financial planning in a few years. According to a breakthrough inflation measurement tool developed by brainiacs over at MIT, prices in this country have increased by 2% in just six weeks! In other words, prices are going “parabolic.” And that means it is a good time to have low, fixed rate debt, as much as you can. You traded a fixed cash flow with decreasing value for a physical asset. 2% inflation in six weeks is roughly 17% annual inflation before compounding. That’s a LOT.

Historically, in periods of high inflation, real estate is one of the best places to be. But even if that is not the case, your costs are fixed. So relax about your finances, enjoy the tax deduction while you can, and welcome to the club of fellow knife-catchers!!! Well played.

PS, the MIT data is available here:
http://bpp.mit.edu/daily-price-indexes/

[lifeizfunhuh]

JP,

The purchase is going to look like very good financial planning in a few years. According to a breakthrough inflation measurement tool developed by brainiacs over at MIT, prices in this country have increased by 2% in just six weeks! In other words, prices are going “parabolic.” And that means it is a good time to have low, fixed rate debt, as much as you can. You traded a fixed cash flow with decreasing value for a physical asset. 2% inflation in six weeks is roughly 17% annual inflation before compounding. That’s a LOT.

Historically, in periods of high inflation, real estate is one of the best places to be. But even if that is not the case, your costs are fixed. So relax about your finances, enjoy the tax deduction while you can, and welcome to the club of fellow knife-catchers!!! Well played.

PS, the MIT data is available here:
http://bpp.mit.edu/daily-price-indexes/

[lifeizfunhuh]

Prices going parabolic according to the “Billion Prices Project” at MIT. They use real time data from online sales to help determine the REAL rate of inflation. It looks like we are up 2% since Christmas.

http://bpp.mit.edu/daily-price-indexes/

BTW, this reinforces my original proposition that buying a house was a good financial decision. Whether the nominal price of the real estate goes up or down doesn’t matter. My housing costs are now fixed and I can pay back the bank with increasingly less valuable dollars.

[lifeizfunhuh]

Prices going parabolic according to the “Billion Prices Project” at MIT. They use real time data from online sales to help determine the REAL rate of inflation. It looks like we are up 2% since Christmas.

http://bpp.mit.edu/daily-price-indexes/

BTW, this reinforces my original proposition that buying a house was a good financial decision. Whether the nominal price of the real estate goes up or down doesn’t matter. My housing costs are now fixed and I can pay back the bank with increasingly less valuable dollars.

[lifeizfunhuh]

Prices going parabolic according to the “Billion Prices Project” at MIT. They use real time data from online sales to help determine the REAL rate of inflation. It looks like we are up 2% since Christmas.

http://bpp.mit.edu/daily-price-indexes/

BTW, this reinforces my original proposition that buying a house was a good financial decision. Whether the nominal price of the real estate goes up or down doesn’t matter. My housing costs are now fixed and I can pay back the bank with increasingly less valuable dollars.

[lifeizfunhuh]

Prices going parabolic according to the “Billion Prices Project” at MIT. They use real time data from online sales to help determine the REAL rate of inflation. It looks like we are up 2% since Christmas.

http://bpp.mit.edu/daily-price-indexes/

BTW, this reinforces my original proposition that buying a house was a good financial decision. Whether the nominal price of the real estate goes up or down doesn’t matter. My housing costs are now fixed and I can pay back the bank with increasingly less valuable dollars.

[lifeizfunhuh]

Prices going parabolic according to the “Billion Prices Project” at MIT. They use real time data from online sales to help determine the REAL rate of inflation. It looks like we are up 2% since Christmas.

http://bpp.mit.edu/daily-price-indexes/

BTW, this reinforces my original proposition that buying a house was a good financial decision. Whether the nominal price of the real estate goes up or down doesn’t matter. My housing costs are now fixed and I can pay back the bank with increasingly less valuable dollars.

[lifeizfunhuh]

[quote=CA renter][quote=lifeizfunhuh]Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!![/quote]

Okay, I just showed the pictures of your property to my husband. With every picture, “Oh, wow!” He said, “Some of the posters on that blog sure do make a lot of money.”

I then asked him how much he thought you paid for it, and he said, “$2.5 million.”

:)[/quote]

We priced similar properties in Ranch Santa Fe and that is about the going rate. If you don’t need the fancy zip code but want the lifestyle…

[lifeizfunhuh]

[quote=CA renter][quote=lifeizfunhuh]Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!![/quote]

Okay, I just showed the pictures of your property to my husband. With every picture, “Oh, wow!” He said, “Some of the posters on that blog sure do make a lot of money.”

I then asked him how much he thought you paid for it, and he said, “$2.5 million.”

:)[/quote]

We priced similar properties in Ranch Santa Fe and that is about the going rate. If you don’t need the fancy zip code but want the lifestyle…

[lifeizfunhuh]

[quote=CA renter][quote=lifeizfunhuh]Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!![/quote]

Okay, I just showed the pictures of your property to my husband. With every picture, “Oh, wow!” He said, “Some of the posters on that blog sure do make a lot of money.”

I then asked him how much he thought you paid for it, and he said, “$2.5 million.”

:)[/quote]

We priced similar properties in Ranch Santa Fe and that is about the going rate. If you don’t need the fancy zip code but want the lifestyle…

[lifeizfunhuh]

[quote=CA renter][quote=lifeizfunhuh]Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!![/quote]

Okay, I just showed the pictures of your property to my husband. With every picture, “Oh, wow!” He said, “Some of the posters on that blog sure do make a lot of money.”

I then asked him how much he thought you paid for it, and he said, “$2.5 million.”

:)[/quote]

We priced similar properties in Ranch Santa Fe and that is about the going rate. If you don’t need the fancy zip code but want the lifestyle…

[lifeizfunhuh]

[quote=CA renter][quote=lifeizfunhuh]Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!![/quote]

Okay, I just showed the pictures of your property to my husband. With every picture, “Oh, wow!” He said, “Some of the posters on that blog sure do make a lot of money.”

I then asked him how much he thought you paid for it, and he said, “$2.5 million.”

:)[/quote]

We priced similar properties in Ranch Santa Fe and that is about the going rate. If you don’t need the fancy zip code but want the lifestyle…

[lifeizfunhuh]

Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!!

[lifeizfunhuh]

Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!!

[lifeizfunhuh]

Thanks everybody! We love the house more and more everyday. There are some remodeling issues (eg green carpet), but overall it is one of those properties that get passed down rather than sold. The prior owner said to me in a recent conversation that “I built that house to never leave it.” It is way way beyond custom. My favorite part is the orchard on the west end of the property. We got about a 10% discount to listing, and estimate that to buy land and rebuild would be several hundred thousand more than we paid. Amazing!
Oh, and its quiet. Last night my wife and I walked the property for the every-night million dollar sunset, and all you hear is frogs, birds, and the breeze. Alpine is AMAZING!!!

[Author]

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