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what_a_disastaParticipant
It’s not a horrible house. If they could afford it and plan to stay there long term, then the economics are not the be all and end all. I doubt it will be a big earner for them in the short medium term.
what_a_disastaParticipantIt’s not a horrible house. If they could afford it and plan to stay there long term, then the economics are not the be all and end all. I doubt it will be a big earner for them in the short medium term.
what_a_disastaParticipantCouldn’t that be due to the lower end of the market drying up, meaning that more expensive houses sold than the less expernsive ones? Skewing the median higher…I think the problems with the median as a meaningful indicator have been talked about many times on the homepage and these boards. I guess you would need to analyse the data house by house to know whether this was the case here.
what_a_disastaParticipantCouldn’t that be due to the lower end of the market drying up, meaning that more expensive houses sold than the less expernsive ones? Skewing the median higher…I think the problems with the median as a meaningful indicator have been talked about many times on the homepage and these boards. I guess you would need to analyse the data house by house to know whether this was the case here.
what_a_disastaParticipantThose 125,000 acres at Camp Pendleton could be put to better use if we ever had a peaceful world! (as if)
SD is nice in the good parts, but I think there are probably nicer and more interesting places in the US.
what_a_disastaParticipantThose 125,000 acres at Camp Pendleton could be put to better use if we ever had a peaceful world! (as if)
SD is nice in the good parts, but I think there are probably nicer and more interesting places in the US.
June 11, 2007 at 6:31 PM in reply to: Need advice on the pros and cons of interest only loans #58500what_a_disastaParticipantEasy tiger!
I was just saying that there is no such thing as life without housing expenses.
I can imagine scenarios where the retired owner might be better of with fixed income investments than a paid off house. Would you disagree?
June 11, 2007 at 6:31 PM in reply to: Need advice on the pros and cons of interest only loans #58527what_a_disastaParticipantEasy tiger!
I was just saying that there is no such thing as life without housing expenses.
I can imagine scenarios where the retired owner might be better of with fixed income investments than a paid off house. Would you disagree?
June 11, 2007 at 5:18 PM in reply to: Need advice on the pros and cons of interest only loans #58468what_a_disastaParticipant“Imagine what life would be like if had no housing expenses.”
I think you would need to live outside the US for that, due to property taxes. When the city of San Diego finally goes bankrupt, I imagine that they will reassess/increase rates as an emergency measure rather than lose their annuities.
Even if there were no tax, maintaining and insuring your home is not cheap. The idea of owning a home ‘free and clear’ in the US is not based in reality.
June 11, 2007 at 5:18 PM in reply to: Need advice on the pros and cons of interest only loans #58495what_a_disastaParticipant“Imagine what life would be like if had no housing expenses.”
I think you would need to live outside the US for that, due to property taxes. When the city of San Diego finally goes bankrupt, I imagine that they will reassess/increase rates as an emergency measure rather than lose their annuities.
Even if there were no tax, maintaining and insuring your home is not cheap. The idea of owning a home ‘free and clear’ in the US is not based in reality.
what_a_disastaParticipant32, married, no kids. We do not need to work anymore as our investment dividends yield more than enough to live off.
what_a_disastaParticipant32, married, no kids. We do not need to work anymore as our investment dividends yield more than enough to live off.
what_a_disastaParticipantMy goodness. That sounds like a total dump, why on earth did you move there in the firsdt place?
If the landlord does not meet their obligations under the lease, then I would have thought you could get out of it.
Shop around, we lease a big new(ish) house with a pool and it is very affordable. (about a third of what it would cost to buy the same)
The landlord pays for the pool care & gardener (and the HOA and property tax and building insurance and general maintenance).
what_a_disastaParticipantMy goodness. That sounds like a total dump, why on earth did you move there in the firsdt place?
If the landlord does not meet their obligations under the lease, then I would have thought you could get out of it.
Shop around, we lease a big new(ish) house with a pool and it is very affordable. (about a third of what it would cost to buy the same)
The landlord pays for the pool care & gardener (and the HOA and property tax and building insurance and general maintenance).
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