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Omega PointParticipant
[quote]for one thing, HOA with this Avaron house is $340/month. mello roos runs on this one is a cool $7500/year, or $965/month.[/quote]
Why anyone would pay nearly $1,000 extra a month with none going to the mortgage is beyond me. This doesn’t even include property tax, insurance, regular house maintainence, and other upgrades home mortgage borrowers spend money on.
With property tax added, they will probably spend close to $2,000/month on the house and have none of it go towards the mortgage. Ouch!
I guess there are many people with lots of money to burn. Do people who buy these types of homes consider these costs or do they just look at the mortgage payment?
Omega PointParticipant[quote]for one thing, HOA with this Avaron house is $340/month. mello roos runs on this one is a cool $7500/year, or $965/month.[/quote]
Why anyone would pay nearly $1,000 extra a month with none going to the mortgage is beyond me. This doesn’t even include property tax, insurance, regular house maintainence, and other upgrades home mortgage borrowers spend money on.
With property tax added, they will probably spend close to $2,000/month on the house and have none of it go towards the mortgage. Ouch!
I guess there are many people with lots of money to burn. Do people who buy these types of homes consider these costs or do they just look at the mortgage payment?
Omega PointParticipant[quote]for one thing, HOA with this Avaron house is $340/month. mello roos runs on this one is a cool $7500/year, or $965/month.[/quote]
Why anyone would pay nearly $1,000 extra a month with none going to the mortgage is beyond me. This doesn’t even include property tax, insurance, regular house maintainence, and other upgrades home mortgage borrowers spend money on.
With property tax added, they will probably spend close to $2,000/month on the house and have none of it go towards the mortgage. Ouch!
I guess there are many people with lots of money to burn. Do people who buy these types of homes consider these costs or do they just look at the mortgage payment?
Omega PointParticipant[quote]for one thing, HOA with this Avaron house is $340/month. mello roos runs on this one is a cool $7500/year, or $965/month.[/quote]
Why anyone would pay nearly $1,000 extra a month with none going to the mortgage is beyond me. This doesn’t even include property tax, insurance, regular house maintainence, and other upgrades home mortgage borrowers spend money on.
With property tax added, they will probably spend close to $2,000/month on the house and have none of it go towards the mortgage. Ouch!
I guess there are many people with lots of money to burn. Do people who buy these types of homes consider these costs or do they just look at the mortgage payment?
Omega PointParticipantMy guess is that foreign automakers aren’t offering as large as incentives. Plus, the sheeple circle like vultures when they hear and see the word “bankruptcy” thinking there are great deals to be had regardless if they really need or can afford a new car.
In addition, didn’t GMAC loosen their credit standards recently? Don’t know if the foreign auto makers did the same.
Now that we have Gov’t Motors I’m sure there will soon be tax breaks in perpetuity for buying their cars. The taxpayer investment will hardly stop even at $100 billion. But hey at least we’ll have small cars that get 40 mpg but gets crushed like an aluminum can in a wreck. And, we can all smile because we are “saving” the planet. Seems like a good tradeoff.
Good luck Gov’t Motors and Chrysler, I will never buy one of your cars again.
Omega PointParticipantMy guess is that foreign automakers aren’t offering as large as incentives. Plus, the sheeple circle like vultures when they hear and see the word “bankruptcy” thinking there are great deals to be had regardless if they really need or can afford a new car.
In addition, didn’t GMAC loosen their credit standards recently? Don’t know if the foreign auto makers did the same.
Now that we have Gov’t Motors I’m sure there will soon be tax breaks in perpetuity for buying their cars. The taxpayer investment will hardly stop even at $100 billion. But hey at least we’ll have small cars that get 40 mpg but gets crushed like an aluminum can in a wreck. And, we can all smile because we are “saving” the planet. Seems like a good tradeoff.
Good luck Gov’t Motors and Chrysler, I will never buy one of your cars again.
Omega PointParticipantMy guess is that foreign automakers aren’t offering as large as incentives. Plus, the sheeple circle like vultures when they hear and see the word “bankruptcy” thinking there are great deals to be had regardless if they really need or can afford a new car.
In addition, didn’t GMAC loosen their credit standards recently? Don’t know if the foreign auto makers did the same.
Now that we have Gov’t Motors I’m sure there will soon be tax breaks in perpetuity for buying their cars. The taxpayer investment will hardly stop even at $100 billion. But hey at least we’ll have small cars that get 40 mpg but gets crushed like an aluminum can in a wreck. And, we can all smile because we are “saving” the planet. Seems like a good tradeoff.
Good luck Gov’t Motors and Chrysler, I will never buy one of your cars again.
Omega PointParticipantMy guess is that foreign automakers aren’t offering as large as incentives. Plus, the sheeple circle like vultures when they hear and see the word “bankruptcy” thinking there are great deals to be had regardless if they really need or can afford a new car.
In addition, didn’t GMAC loosen their credit standards recently? Don’t know if the foreign auto makers did the same.
Now that we have Gov’t Motors I’m sure there will soon be tax breaks in perpetuity for buying their cars. The taxpayer investment will hardly stop even at $100 billion. But hey at least we’ll have small cars that get 40 mpg but gets crushed like an aluminum can in a wreck. And, we can all smile because we are “saving” the planet. Seems like a good tradeoff.
Good luck Gov’t Motors and Chrysler, I will never buy one of your cars again.
Omega PointParticipantMy guess is that foreign automakers aren’t offering as large as incentives. Plus, the sheeple circle like vultures when they hear and see the word “bankruptcy” thinking there are great deals to be had regardless if they really need or can afford a new car.
In addition, didn’t GMAC loosen their credit standards recently? Don’t know if the foreign auto makers did the same.
Now that we have Gov’t Motors I’m sure there will soon be tax breaks in perpetuity for buying their cars. The taxpayer investment will hardly stop even at $100 billion. But hey at least we’ll have small cars that get 40 mpg but gets crushed like an aluminum can in a wreck. And, we can all smile because we are “saving” the planet. Seems like a good tradeoff.
Good luck Gov’t Motors and Chrysler, I will never buy one of your cars again.
Omega PointParticipant[quote]He said the state’s economic condition has deteriorated significantly since then, with a cratering stock market and the continued decline of the housing industry.[/quote]
If Schwarzenegger thinks it has deteriorated signaficantly this year, wait till next year. He hasn’t seen anything yet.
What will it be next year… a 12% sales tax and a plea to Feds for a bailout?
There’s a simple solution to all of this. Cut speanding, cut spending, cut spending. But no one is willing to voluntarily to take the medicine. I guess we’ll have to be tied down and have it shoved down our throats. It’s coming.
Omega PointParticipant[quote]He said the state’s economic condition has deteriorated significantly since then, with a cratering stock market and the continued decline of the housing industry.[/quote]
If Schwarzenegger thinks it has deteriorated signaficantly this year, wait till next year. He hasn’t seen anything yet.
What will it be next year… a 12% sales tax and a plea to Feds for a bailout?
There’s a simple solution to all of this. Cut speanding, cut spending, cut spending. But no one is willing to voluntarily to take the medicine. I guess we’ll have to be tied down and have it shoved down our throats. It’s coming.
Omega PointParticipant[quote]He said the state’s economic condition has deteriorated significantly since then, with a cratering stock market and the continued decline of the housing industry.[/quote]
If Schwarzenegger thinks it has deteriorated signaficantly this year, wait till next year. He hasn’t seen anything yet.
What will it be next year… a 12% sales tax and a plea to Feds for a bailout?
There’s a simple solution to all of this. Cut speanding, cut spending, cut spending. But no one is willing to voluntarily to take the medicine. I guess we’ll have to be tied down and have it shoved down our throats. It’s coming.
Omega PointParticipant[quote]He said the state’s economic condition has deteriorated significantly since then, with a cratering stock market and the continued decline of the housing industry.[/quote]
If Schwarzenegger thinks it has deteriorated signaficantly this year, wait till next year. He hasn’t seen anything yet.
What will it be next year… a 12% sales tax and a plea to Feds for a bailout?
There’s a simple solution to all of this. Cut speanding, cut spending, cut spending. But no one is willing to voluntarily to take the medicine. I guess we’ll have to be tied down and have it shoved down our throats. It’s coming.
Omega PointParticipant[quote]He said the state’s economic condition has deteriorated significantly since then, with a cratering stock market and the continued decline of the housing industry.[/quote]
If Schwarzenegger thinks it has deteriorated signaficantly this year, wait till next year. He hasn’t seen anything yet.
What will it be next year… a 12% sales tax and a plea to Feds for a bailout?
There’s a simple solution to all of this. Cut speanding, cut spending, cut spending. But no one is willing to voluntarily to take the medicine. I guess we’ll have to be tied down and have it shoved down our throats. It’s coming.
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