[sdcellar]

I think you always need to be careful to avoid overbuilding for your neighborhood, at least from an investment perpective. People have always done it though and I’m sure they always will. Some will regret it, some couldn’t be happier.

[sdcellar]

I think you always need to be careful to avoid overbuilding for your neighborhood, at least from an investment perpective. People have always done it though and I’m sure they always will. Some will regret it, some couldn’t be happier.

[sdcellar]

I’m not the guy with the million dollar condo, but I can tell you that in my situation, I know for a fact that it is my landlord that’s got the negative cash flow situation. So, no, I’m not covering his mortgage, rather, he’s subsidizing my stay.

I’m also not looking for a goldmine, rather I’m not going to pay a premium for something I can rent cheaper today and purchase for less later. And sorry to disappoint you, but I didn’t miss out on the gold rush either (although I am sorry I have to bring it up). The gains from the sale of my last house are conservatively invested right now. Guess you don’t know as much about my camp as you thought you did.

I assure you, I am more confident in my confident in my choices today than you are in yours.

[sdcellar]

I’m not the guy with the million dollar condo, but I can tell you that in my situation, I know for a fact that it is my landlord that’s got the negative cash flow situation. So, no, I’m not covering his mortgage, rather, he’s subsidizing my stay.

I’m also not looking for a goldmine, rather I’m not going to pay a premium for something I can rent cheaper today and purchase for less later. And sorry to disappoint you, but I didn’t miss out on the gold rush either (although I am sorry I have to bring it up). The gains from the sale of my last house are conservatively invested right now. Guess you don’t know as much about my camp as you thought you did.

I assure you, I am more confident in my confident in my choices today than you are in yours.

[sdcellar]

Okay, guess I was confused. I feel eleven years younger already.

Taxes– Renters don’t have to pay the taxes you do in the first place. I’ll bet your tax savings for your new place don’t cover your property tax outlay. Paying taxes to save taxes doesn’t seem so great to me.

Options– Let’s see, I’ve painted my place, put up pictures, planted some plants. Oh, and my landlord think it looks great and, of course, doesn’t want me to leave.

Rentals I bought 11 years ago– Yes, I wish I had one. What’s that got to do with what you or I choose today?

Renting works for me because I let it. It sounds like it will never work for you. And that’s fine and fair. Just don’t kid yourself that your choice makes sound economic sense today.

[sdcellar]

Okay, guess I was confused. I feel eleven years younger already.

Taxes– Renters don’t have to pay the taxes you do in the first place. I’ll bet your tax savings for your new place don’t cover your property tax outlay. Paying taxes to save taxes doesn’t seem so great to me.

Options– Let’s see, I’ve painted my place, put up pictures, planted some plants. Oh, and my landlord think it looks great and, of course, doesn’t want me to leave.

Rentals I bought 11 years ago– Yes, I wish I had one. What’s that got to do with what you or I choose today?

Renting works for me because I let it. It sounds like it will never work for you. And that’s fine and fair. Just don’t kid yourself that your choice makes sound economic sense today.

[sdcellar]

Exactly. Perhaps you have a verb tense confusion, myito? Perhaps renting did suck? All I know is that it ain’t 1996 anymore.

[sdcellar]

Exactly. Perhaps you have a verb tense confusion, myito? Perhaps renting did suck? All I know is that it ain’t 1996 anymore.

[sdcellar]

And you got that right, sdrealtor! My old stomping grounds. I thought you were North County Coastal. You know even more than I already thought you did…

[sdcellar]

And you got that right, sdrealtor! My old stomping grounds. I thought you were North County Coastal. You know even more than I already thought you did…

[sdcellar]

I was going to ask you exactly that. I’d been noticing a higher than normal number of escrows falling out as well.

I was thinking of posting about it, but it occurred to me that I really don’t know what normal is (or if that’s even what actually happened with a particular listing).

Sounds like you think it’s genuine. Guess will have to see if it continues. (and being the nice guy I am, I’ll not burden you further by asking for a “Fallout Monitor”)

[sdcellar]

I was going to ask you exactly that. I’d been noticing a higher than normal number of escrows falling out as well.

I was thinking of posting about it, but it occurred to me that I really don’t know what normal is (or if that’s even what actually happened with a particular listing).

Sounds like you think it’s genuine. Guess will have to see if it continues. (and being the nice guy I am, I’ll not burden you further by asking for a “Fallout Monitor”)

[sdcellar]

oh, and Ozzie, add some value. As someone else pointed out, it’s simple discourse, you seem to be the shouter. Eeek, scary site! Now everybody’s a Nazi? Get a grip pal.

[sdcellar]

oh, and Ozzie, add some value. As someone else pointed out, it’s simple discourse, you seem to be the shouter. Eeek, scary site! Now everybody’s a Nazi? Get a grip pal.

[sdcellar]

myito– You suggest the housing bears come here to see their perspective supported. Ever since you first posted, I’ve wondered why you’re here. Might I suggest that you’re the one with doubt seeking reinforcement.

Perhaps you’re hearing it more often and in more places that this is a bad time to buy. Too late, you’ve bought, so you come here and try to find fault to convince yourself that you made the right decision.

The only reason you “struck a cord” is because you codemned renters and made accusations that few if any here would eventually buy. And you were wrong on both counts.

Personally, I love the opposing viewpoints, and if homebuying lurkers are staying away, that’s too bad, but could it have more to do with the tenuousness of their position on the subject rather than all the meanies here?

Trust me, I’ll buy a house when it makes sense. My situation is simple, I’m like one of the other posters that bought at a previous peak, so I simply refuse to do it again. In the meantime, I rent a very nice home and I pay less for it than every single homeowner on my street.

Finally, most of the posts show as much etiquette as you have. You’ve made a decision that it sounds like you can live with, so great for you, but sounds like you’re the one seeking out education. To turn your comment back on you: If you truly believe now was a good time to buy, sit back and relax, enjoy your wonderful home, and don’t worry about any potential market downturn. And, iIf I were being complete, I’d have included steer clear of bubble blogs, but as I mentioned, I love opposing viewpoints, so stick around!

[Author]

Posts