I’m just curious how much I’m just curious how much money people have and are willing to spend. I’ll probably spend less than $500,000. BTW I’m no longer in a tiny apt. I got tired of waiting for bottom and am moving to a bigger apartment until I can buy.
jpinpb
February 26, 2009 @
7:23 AM
I wish you would’ve done I wish you would’ve done ranges. I can’t vote. For me, too many factors, as I’m looking in several areas and that affects how much I’ll spend. Also, I looked at duplexes/units which bumps the price up. So for me, the range is from 300 to 600. Also depends on the condition, turnkey or if it’s a major fixer.
svelte
February 26, 2009 @
7:31 AM
I think the ranges are I think the ranges are implied…$100K means $1xxK (100-199), $200K means $2xxK (200-299), etc.
sdduuuude
February 26, 2009 @
9:09 AM
We are now saving for an $800 We are now saving for an $800 – $1M house, to be purchased in 4-5 yrs. Hoping it will be $600K – 800K by that time. We’ll see.
UCGal
February 26, 2009 @
9:18 AM
I wish you had an option for I wish you had an option for those of us that already bought and want to see the results.
PCinSD
February 26, 2009 @
9:42 AM
I’ve been looking in the I’ve been looking in the $300k price range. When I started looking in 2007 (when I discovered this site – thereby saving me a TON of money!) I was only looking at condos. Now it appears possible I could find a house for this price if I keep holding out. So far, I haven’t seen any decent homes for $300k in the areas I’ve been looking.
The other upside is that with each passing year my savings are rapidly growing. I could easily put 25% down and still have a nest egg to live off of for a couple of years if my income suddenly dried up.
This economy has me worried. It hasn’t had any effect on my business. Yet. I like the idea of keeping my housing costs low. Probably more so than the average person.
Enorah
February 26, 2009 @
9:46 AM
I’m looking for a free I’m looking for a free house
🙂
jpinpb
February 26, 2009 @
12:23 PM
Enorah wrote:I’m looking for [quote=Enorah]I’m looking for a free house
:)[/quote]
They had them already. It’s called buy a house you can’t afford, stop paying and live there for free indefinitely (year+) till the bank decides what to do.
ibjames
February 26, 2009 @
1:22 PM
I would like 300k or less for I would like 300k or less for a house, who knows if that will come around for what I’m looking for
my tiny apt
February 27, 2009 @
11:35 AM
It’s a small sample size, but It’s a small sample size, but 8/55 or about 15%, plan to spend more than $600,000. I don’t know how representative Piggs are of the general S.D. population, I would guess our incomes are above average. So who is going to buy all the expensive houses out there that are piling up. Those prices have to come down sometime, right?
sunny88
February 27, 2009 @
8:22 PM
Enorah,
People like you are Enorah,
People like you are part of the financial crisis. No commitment, no sense of responsibility, sense of entitlement etc.
Cube
February 27, 2009 @
1:59 PM
UCGal,
If you log out and UCGal,
If you log out and reload, you can see the poll results without replying.
After 4 years of lurking, I finally decided to create an account so that I can answer polls. 🙂
-Cube
(former)FormerSanDiegan
February 27, 2009 @
3:05 PM
Cube wrote:UCGal,
If you log [quote=Cube]UCGal,
If you log out and reload, you can see the poll results without replying.
After 4 years of lurking, I finally decided to create an account so that I can answer polls. 🙂
-Cube[/quote]
Or you can just click on the results tab and see it.
bobby
February 27, 2009 @
4:32 PM
it sucks but the median house it sucks but the median house around here costs around $700K so I will have to spend that much.
I hate to drive to get to work. I guess that’s the price one has to pay if one wants to walk to work.
patientrenter
February 27, 2009 @
4:40 PM
bobby wrote:it sucks but the [quote=bobby]it sucks but the median house around here costs around $700K so I will have to spend that much.
I hate to drive to get to work. I guess that’s the price one has to pay if one wants to walk to work.
[/quote]
I walk to work (in a ridiculously expensive area of a ridiculously expensive city). How much did I have to spend for this? $700K? $2 mill? $10 mill? None of the above. $4,250 per month.
$700,000 is a lot of money. If you don’t believe that, then try saving it in cash from your paychecks. If you get that done easily and quickly, then $700K really isn’t a lot of money for you. Otherwise, it is a lot of money for you, and you actually don’t need to spend it, even if you want to walk to work.
AK
February 27, 2009 @
5:30 PM
I have the best of both I have the best of both worlds. A 15-minute walk to work, at the end of a 55-minute drive 🙂
Anonymous
February 27, 2009 @
2:26 PM
I am from the midwest and I am from the midwest and married to a Marine. We could afford above 500K but will buy in family area of Temecula to raise young kids till end of high school. We have been around the world four times, and were overseas when the bubble started. We are in are mid 40s and this will be our FIRST home purchase. We are from the ole schooled where you save a pay cash, where you do not need to keep up with the neighbors, get educated first and work hard and play hard. Now we will be paying for everyones greediness. Yesterday my husband and I were at a gas station in Temecula and I say a young couple maybe late twenties pull in with a beautiful new truck and RV, friday night heading for the desert. I looked at my husband and said, “How can they aford that and save for college and retirement? We are renting in Morgan Hills and have a mix of neighbors that are the orginal owners to the newly foreclosed priced home owners. Is anyone concerned that these foreclosed families have no money for education or retirement?
patientrenter
February 27, 2009 @
4:34 PM
Lienyie wrote:…We are in [quote=Lienyie]…We are in are mid 40s and this will be our FIRST home purchase. We are from the ole schooled where you save a pay cash, where you do not need to keep up with the neighbors, get educated first and work hard and play hard. Now we will be paying for everyones greediness…. Is anyone concerned that these foreclosed families have no money for education or retirement?[/quote]
Yes. But the reality was always that savers were going to pay for spenders’ needs as well as their own. We just weren’t all told at the same time.
February 26, 2009 @ 3:09 AM
I’m just curious how much
I’m just curious how much money people have and are willing to spend. I’ll probably spend less than $500,000. BTW I’m no longer in a tiny apt. I got tired of waiting for bottom and am moving to a bigger apartment until I can buy.
February 26, 2009 @ 7:23 AM
I wish you would’ve done
I wish you would’ve done ranges. I can’t vote. For me, too many factors, as I’m looking in several areas and that affects how much I’ll spend. Also, I looked at duplexes/units which bumps the price up. So for me, the range is from 300 to 600. Also depends on the condition, turnkey or if it’s a major fixer.
February 26, 2009 @ 7:31 AM
I think the ranges are
I think the ranges are implied…$100K means $1xxK (100-199), $200K means $2xxK (200-299), etc.
February 26, 2009 @ 9:09 AM
We are now saving for an $800
We are now saving for an $800 – $1M house, to be purchased in 4-5 yrs. Hoping it will be $600K – 800K by that time. We’ll see.
February 26, 2009 @ 9:18 AM
I wish you had an option for
I wish you had an option for those of us that already bought and want to see the results.
February 26, 2009 @ 9:42 AM
I’ve been looking in the
I’ve been looking in the $300k price range. When I started looking in 2007 (when I discovered this site – thereby saving me a TON of money!) I was only looking at condos. Now it appears possible I could find a house for this price if I keep holding out. So far, I haven’t seen any decent homes for $300k in the areas I’ve been looking.
The other upside is that with each passing year my savings are rapidly growing. I could easily put 25% down and still have a nest egg to live off of for a couple of years if my income suddenly dried up.
This economy has me worried. It hasn’t had any effect on my business. Yet. I like the idea of keeping my housing costs low. Probably more so than the average person.
February 26, 2009 @ 9:46 AM
I’m looking for a free
I’m looking for a free house
🙂
February 26, 2009 @ 12:23 PM
Enorah wrote:I’m looking for
[quote=Enorah]I’m looking for a free house
:)[/quote]
They had them already. It’s called buy a house you can’t afford, stop paying and live there for free indefinitely (year+) till the bank decides what to do.
February 26, 2009 @ 1:22 PM
I would like 300k or less for
I would like 300k or less for a house, who knows if that will come around for what I’m looking for
February 27, 2009 @ 11:35 AM
It’s a small sample size, but
It’s a small sample size, but 8/55 or about 15%, plan to spend more than $600,000. I don’t know how representative Piggs are of the general S.D. population, I would guess our incomes are above average. So who is going to buy all the expensive houses out there that are piling up. Those prices have to come down sometime, right?
February 27, 2009 @ 8:22 PM
Enorah,
People like you are
Enorah,
People like you are part of the financial crisis. No commitment, no sense of responsibility, sense of entitlement etc.
February 27, 2009 @ 1:59 PM
UCGal,
If you log out and
UCGal,
If you log out and reload, you can see the poll results without replying.
After 4 years of lurking, I finally decided to create an account so that I can answer polls. 🙂
-Cube
February 27, 2009 @ 3:05 PM
Cube wrote:UCGal,
If you log
[quote=Cube]UCGal,
If you log out and reload, you can see the poll results without replying.
After 4 years of lurking, I finally decided to create an account so that I can answer polls. 🙂
-Cube[/quote]
Or you can just click on the results tab and see it.
February 27, 2009 @ 4:32 PM
it sucks but the median house
it sucks but the median house around here costs around $700K so I will have to spend that much.
I hate to drive to get to work. I guess that’s the price one has to pay if one wants to walk to work.
February 27, 2009 @ 4:40 PM
bobby wrote:it sucks but the
[quote=bobby]it sucks but the median house around here costs around $700K so I will have to spend that much.
I hate to drive to get to work. I guess that’s the price one has to pay if one wants to walk to work.
[/quote]
I walk to work (in a ridiculously expensive area of a ridiculously expensive city). How much did I have to spend for this? $700K? $2 mill? $10 mill? None of the above. $4,250 per month.
$700,000 is a lot of money. If you don’t believe that, then try saving it in cash from your paychecks. If you get that done easily and quickly, then $700K really isn’t a lot of money for you. Otherwise, it is a lot of money for you, and you actually don’t need to spend it, even if you want to walk to work.
February 27, 2009 @ 5:30 PM
I have the best of both
I have the best of both worlds. A 15-minute walk to work, at the end of a 55-minute drive 🙂
February 27, 2009 @ 2:26 PM
I am from the midwest and
I am from the midwest and married to a Marine. We could afford above 500K but will buy in family area of Temecula to raise young kids till end of high school. We have been around the world four times, and were overseas when the bubble started. We are in are mid 40s and this will be our FIRST home purchase. We are from the ole schooled where you save a pay cash, where you do not need to keep up with the neighbors, get educated first and work hard and play hard. Now we will be paying for everyones greediness. Yesterday my husband and I were at a gas station in Temecula and I say a young couple maybe late twenties pull in with a beautiful new truck and RV, friday night heading for the desert. I looked at my husband and said, “How can they aford that and save for college and retirement? We are renting in Morgan Hills and have a mix of neighbors that are the orginal owners to the newly foreclosed priced home owners. Is anyone concerned that these foreclosed families have no money for education or retirement?
February 27, 2009 @ 4:34 PM
Lienyie wrote:…We are in
[quote=Lienyie]…We are in are mid 40s and this will be our FIRST home purchase. We are from the ole schooled where you save a pay cash, where you do not need to keep up with the neighbors, get educated first and work hard and play hard. Now we will be paying for everyones greediness…. Is anyone concerned that these foreclosed families have no money for education or retirement?[/quote]
Yes. But the reality was always that savers were going to pay for spenders’ needs as well as their own. We just weren’t all told at the same time.