I hope you're right. It's looking like everything is working out for our house sale. She bought it at $120k in 2014, selling for $177k. IMO, it's not worth that, but pretty solid little profit.Big Brain Bradley wrote:wait for the dip, its comingJohnny_P wrote: ↑Wed Dec 19, 2018 10:17 am Full retard home prices here means half a milli will get you air conditioning and a nice-ish house, but no longer gets you a garage. Or it does, just in the hood where you're gonna get shot and puppy will step on a hypodermic needle while out for a walk. Price of entry for a garage is now around 700-750 in a neighborhood that doesn't totally suck.
It's by scrooge choice because I can't really afford much of a step up from where we currently are.
Home chat 1.0
- troyguitar
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D Griff wrote:We're getting a 1 bedroom apartment now
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But why not? They don't need a "home office," its temporary, and renting "room for guests" is for chumps.
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Those are Arkansas prices.
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Dude's got 3 cars with a bunch of car shit to store and a tuba he needs to practice.Desertbreh wrote: ↑Thu Dec 20, 2018 1:25 amBut why not? They don't need a "home office," its temporary, and renting "room for guests" is for chumps.
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troyguitar wrote: ↑Thu Dec 20, 2018 1:35 amDude's got 3 cars with a bunch of car shit to store and a tuba he needs to practice.Desertbreh wrote: ↑Thu Dec 20, 2018 1:25 am
But why not? They don't need a "home office," its temporary, and renting "room for guests" is for chumps.
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Yeah man. Philly is a fucking rat race. NYC is worse I guess.
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where else can you make $500k/yr working in a union plant
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Wife just sent me this:
https://www.zillow.com/homes/for_sale/h ... _zm/0_mmm/
I'm like I don't want to work on that shit. Buying one of the nicest and most expensive places in a town that's had maybe 1% annual appreciation over the past 20 years is fucking
5% mortgage interest plus 4% annual property taxes ==
https://www.zillow.com/homes/for_sale/h ... _zm/0_mmm/
I'm like I don't want to work on that shit. Buying one of the nicest and most expensive places in a town that's had maybe 1% annual appreciation over the past 20 years is fucking
5% mortgage interest plus 4% annual property taxes ==
but you have that much saved uptroyguitar wrote: ↑Thu Dec 20, 2018 3:30 pm Wife just sent me this:
https://www.zillow.com/homes/for_sale/h ... _zm/0_mmm/
I'm like I don't want to work on that shit. Buying one of the nicest and most expensive places in a town that's had maybe 1% annual appreciation over the past 20 years is fucking
5% mortgage interest plus 4% annual property taxes ==
that place is honestly pretty
- goIftdibrad
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troyguitar wrote: ↑Thu Dec 20, 2018 3:30 pm Wife just sent me this:
https://www.zillow.com/homes/for_sale/h ... _zm/0_mmm/
I'm like I don't want to work on that shit. Buying one of the nicest and most expensive places in a town that's had maybe 1% annual appreciation over the past 20 years is fucking
5% mortgage interest plus 4% annual property taxes ==
just rent man
brain go brrrrrr
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Big Brain Bradley wrote: ↑Thu Dec 20, 2018 4:18 pmtroyguitar wrote: ↑Thu Dec 20, 2018 3:30 pm Wife just sent me this:
https://www.zillow.com/homes/for_sale/h ... _zm/0_mmm/
I'm like I don't want to work on that shit. Buying one of the nicest and most expensive places in a town that's had maybe 1% annual appreciation over the past 20 years is fucking
5% mortgage interest plus 4% annual property taxes ==
just rent man
I just ran the numbers for a 5 year scenario. With current prices/rates and assuming 2% appreciation on nearly everything (unlikely on the house itself, but trying to tip the scales slightly in favor of owning), it would cost $72506 more to buy that house than rent the apartment in town. We could rent and go to Paris every year and still be better off than buying that fucking house - and that's valuing all of my own labor maintaining/repairing the thing at zero.
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troyguitar wrote: ↑Thu Dec 20, 2018 4:30 pm
I just ran the numbers for a 5 year scenario. With current prices/rates and assuming 2% appreciation on nearly everything (unlikely on the house itself, but trying to tip the scales slightly in favor of owning), it would cost $72506 more to buy that house than rent the apartment in town. We could rent and go to Paris every year and still be better off than buying that fucking house - and that's valuing all of my own labor maintaining/repairing the thing at zero.
brain go brrrrrr
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I fat fingered a digit upon re-examination, I thought that outcome seemed a bit worse than it should be... the real delta isn't $72k, it's only $60k.
Sixty thousand fucking dollars to have a garage. I think I can go without it.
Sixty thousand fucking dollars to have a garage. I think I can go without it.
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troyguitar wrote: ↑Thu Dec 20, 2018 4:30 pm
I just ran the numbers for a 5 year scenario. With current prices/rates and assuming 2% appreciation on nearly everything (unlikely on the house itself, but trying to tip the scales slightly in favor of owning), it would cost $72506 more to buy that house than rent the apartment in town. We could rent and go to Paris every year and still be better off than buying that fucking house - and that's valuing all of my own labor maintaining/repairing the thing at zero.
If renting is what it takes to get you guys back to Paris then I'm in favor of renting, at least for the medium-term.
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I would not buy anything in this market. Selling and renting is the smartest thing you can do financially right now.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.