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savedbypigs
ParticipantI think this price may be an aberration as there appears to be some type of low-income subsidy in place. The SD Lookup listing says that a qualified buyer must have an income of 44K to be eligible, 50K for 2 people.
http://www.sdlookup.com/MLS-080050561-6203_Liberty_Pl_Carlsbad_Ca_92009
Even priced at 232K, seems like a heavy financial burden for a person or family at that income level.
ParticipantI think this price may be an aberration as there appears to be some type of low-income subsidy in place. The SD Lookup listing says that a qualified buyer must have an income of 44K to be eligible, 50K for 2 people.
http://www.sdlookup.com/MLS-080050561-6203_Liberty_Pl_Carlsbad_Ca_92009
Even priced at 232K, seems like a heavy financial burden for a person or family at that income level.
ParticipantI think this price may be an aberration as there appears to be some type of low-income subsidy in place. The SD Lookup listing says that a qualified buyer must have an income of 44K to be eligible, 50K for 2 people.
http://www.sdlookup.com/MLS-080050561-6203_Liberty_Pl_Carlsbad_Ca_92009
Even priced at 232K, seems like a heavy financial burden for a person or family at that income level.
ParticipantI think this price may be an aberration as there appears to be some type of low-income subsidy in place. The SD Lookup listing says that a qualified buyer must have an income of 44K to be eligible, 50K for 2 people.
http://www.sdlookup.com/MLS-080050561-6203_Liberty_Pl_Carlsbad_Ca_92009
Even priced at 232K, seems like a heavy financial burden for a person or family at that income level.
Participant“I bought so cheap that the value of my house has still not declined anywhere near to what I paid for it.”
OK, I am the first person to admit that my knowledge of economics is rudimentary — and thank you Piggs for pounding some sense into me — but how is a house’s value higher than the price you paid for it? Did the sellers just like you a lot and sell it to you for less than competing bids? I never understand the claims of “instant equity” made by realtors, it seems to me that the value of any product at a given point in time is the price at which it can be sold. Am I wrong?
I completely understand that some people place more value in having a permanent place to live for the long term and don’t view their purchase of a home by strict investment standards, but I didn’t get the impression that this was the type of “value” referred to in the quote above.
Participant“I bought so cheap that the value of my house has still not declined anywhere near to what I paid for it.”
OK, I am the first person to admit that my knowledge of economics is rudimentary — and thank you Piggs for pounding some sense into me — but how is a house’s value higher than the price you paid for it? Did the sellers just like you a lot and sell it to you for less than competing bids? I never understand the claims of “instant equity” made by realtors, it seems to me that the value of any product at a given point in time is the price at which it can be sold. Am I wrong?
I completely understand that some people place more value in having a permanent place to live for the long term and don’t view their purchase of a home by strict investment standards, but I didn’t get the impression that this was the type of “value” referred to in the quote above.
Participant“I bought so cheap that the value of my house has still not declined anywhere near to what I paid for it.”
OK, I am the first person to admit that my knowledge of economics is rudimentary — and thank you Piggs for pounding some sense into me — but how is a house’s value higher than the price you paid for it? Did the sellers just like you a lot and sell it to you for less than competing bids? I never understand the claims of “instant equity” made by realtors, it seems to me that the value of any product at a given point in time is the price at which it can be sold. Am I wrong?
I completely understand that some people place more value in having a permanent place to live for the long term and don’t view their purchase of a home by strict investment standards, but I didn’t get the impression that this was the type of “value” referred to in the quote above.
Participant“I bought so cheap that the value of my house has still not declined anywhere near to what I paid for it.”
OK, I am the first person to admit that my knowledge of economics is rudimentary — and thank you Piggs for pounding some sense into me — but how is a house’s value higher than the price you paid for it? Did the sellers just like you a lot and sell it to you for less than competing bids? I never understand the claims of “instant equity” made by realtors, it seems to me that the value of any product at a given point in time is the price at which it can be sold. Am I wrong?
I completely understand that some people place more value in having a permanent place to live for the long term and don’t view their purchase of a home by strict investment standards, but I didn’t get the impression that this was the type of “value” referred to in the quote above.
Participant“I bought so cheap that the value of my house has still not declined anywhere near to what I paid for it.”
OK, I am the first person to admit that my knowledge of economics is rudimentary — and thank you Piggs for pounding some sense into me — but how is a house’s value higher than the price you paid for it? Did the sellers just like you a lot and sell it to you for less than competing bids? I never understand the claims of “instant equity” made by realtors, it seems to me that the value of any product at a given point in time is the price at which it can be sold. Am I wrong?
I completely understand that some people place more value in having a permanent place to live for the long term and don’t view their purchase of a home by strict investment standards, but I didn’t get the impression that this was the type of “value” referred to in the quote above.
ParticipantYes, Nostradamus we exist. You may not see as often because we’re self-sufficient and not out there looking for men for financial support and/or validation.
Marion, I agree with Taz, you cannot simultaneously play the independence and “old-fashioned” cards, they are logically inconsistent. While it is fair to expect a man to show his interest in you, your idea that this can only be accomplished by a display of financial means is shallow and superficial. The richest man in the world can still treat you lack crap, you’re using an inaccurate gauge of character.
ParticipantYes, Nostradamus we exist. You may not see as often because we’re self-sufficient and not out there looking for men for financial support and/or validation.
Marion, I agree with Taz, you cannot simultaneously play the independence and “old-fashioned” cards, they are logically inconsistent. While it is fair to expect a man to show his interest in you, your idea that this can only be accomplished by a display of financial means is shallow and superficial. The richest man in the world can still treat you lack crap, you’re using an inaccurate gauge of character.
ParticipantYes, Nostradamus we exist. You may not see as often because we’re self-sufficient and not out there looking for men for financial support and/or validation.
Marion, I agree with Taz, you cannot simultaneously play the independence and “old-fashioned” cards, they are logically inconsistent. While it is fair to expect a man to show his interest in you, your idea that this can only be accomplished by a display of financial means is shallow and superficial. The richest man in the world can still treat you lack crap, you’re using an inaccurate gauge of character.
ParticipantYes, Nostradamus we exist. You may not see as often because we’re self-sufficient and not out there looking for men for financial support and/or validation.
Marion, I agree with Taz, you cannot simultaneously play the independence and “old-fashioned” cards, they are logically inconsistent. While it is fair to expect a man to show his interest in you, your idea that this can only be accomplished by a display of financial means is shallow and superficial. The richest man in the world can still treat you lack crap, you’re using an inaccurate gauge of character.
ParticipantYes, Nostradamus we exist. You may not see as often because we’re self-sufficient and not out there looking for men for financial support and/or validation.
Marion, I agree with Taz, you cannot simultaneously play the independence and “old-fashioned” cards, they are logically inconsistent. While it is fair to expect a man to show his interest in you, your idea that this can only be accomplished by a display of financial means is shallow and superficial. The richest man in the world can still treat you lack crap, you’re using an inaccurate gauge of character.
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