I have bought a house in San Diego. I’m also going to start
putting up guest posts by Ted McGinley.
This (the house buying part) shouldn’t be a huge shock for people
who’ve been reading the site of late, because I’ve talked a lot
about how it makes sense to buy in certain situations. That
said, I will briefly outline my thought process here.
After the recent leg down in interest rates, monthly payments are
the lowest compared to incomes and rents than they’ve been in the
history of the data, and are quite dramatically below their median
historical levels:
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Piggington Jumps the Shark
I have bought a house in San Diego. I’m also going to start
putting up guest posts by Ted McGinley.
This (the house buying part) shouldn’t be a huge shock for people
who’ve been reading the site of late, because I’ve talked a lot
about how it makes sense to buy in certain situations. That
said, I will briefly outline my thought process here.
After the recent leg down in interest rates, monthly payments are
the lowest compared to incomes and rents than they’ve been in the
history of the data, and are quite dramatically below their median
historical levels: