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redshirt posted:I knew this lady in Boston who bought her "condo" (read: Crappy 1 bed room apartment) for 150K in 2002 to then sell it in 2007 for 350K. Hard to laugh at those numbers. Only now it's valued at 250K and the people who bought it at the height of a once-in-a-lifetime bubble are $100,000 underwater. It's easy to laugh at that number.
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Mar 1, 2015 20:24
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redshirt posted:I knew this lady in Boston who bought her "condo" (read: Crappy 1 bed room apartment) for 150K in 2002 to then sell it in 2007 for 350K. Hard to laugh at those numbers. More people problem lost money on their condo "investment" properties especially if they bought in Miami or Phoenix during the bubble.
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Mar 1, 2015 20:29
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i would live in that clear cube thing but i bet its super expensive. im only 1 dude and that would be sweet. if its clean like that who wouldnt live there if youre single? i wouldnt raise a family there, theyd be little shits like the kid who got slapped on the slap
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Mar 1, 2015 20:30
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Dirty Sanchez posted:Only now it's valued at 250K and the people who bought it at the height of a once-in-a-lifetime bubble are $100,000 underwater. It's easy to laugh at that number. Maybe. That neighborhood (Fenway) is still pretty hot, but yeah your general principle stands. That said, this redneck I went to High School with is a multimillionaire today because he flipped houses from 1997-2007 and then stopped and its like, drat. Genius.
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Mar 1, 2015 20:31
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redshirt posted:Maybe. That neighborhood (Fenway) is still pretty hot, but yeah your general principle stands. For every person who made it big in real estate "investments" you probably have 10-20 who are underwater or lost piles of money.
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Mar 1, 2015 20:34
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etalian posted:For every person who made it big in real estate "investments" you probably have 10-20 who are underwater or lost piles of money. I'm sure. But this redneck is living HIGH now, let me tell you.
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Mar 1, 2015 20:35
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In general, living under your means is probably a good thing in the long run.
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Mar 1, 2015 20:39
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I don't want to own a house. I want to die. I live in such a way that death is inevitable before i can ever rise to own anything of significant value.
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Mar 1, 2015 20:40
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hemophilia posted:I don't want to own a house. I want to die. I live in such a way that death is inevitable before i can ever rise to own anything of significant value. Don't get too down on yourself. Your organs would probably fetch a significant price on the black market.
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Mar 1, 2015 20:44
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unassertive boy 99 posted:and indebt yourself for 30 YEARS for 500k like an idiot lol 500k where do you live where you can get a house (worth living in) that cheap?
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Mar 1, 2015 20:45
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trade for tickets to a nascar weekend that way you know everything is gonna swipe left
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Mar 1, 2015 20:46
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SpelledBackwards posted:OP you forgot to copy in this image which I found in another thread on page 1 about computer nerd virgins.
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Mar 1, 2015 20:49
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Only place we permanently allow people to live in trailers is gypsy camps. Is life really worth living if your neighbours are gypsies? (no).
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Mar 1, 2015 20:55
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NihilismNow posted:Only place we permanently allow people to live in trailers is gypsy camps. Is life really worth living if your neighbours are gypsies? (no). but you'd be a gypsy too and probably under one of their spells of stealing your wallet or something
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Mar 1, 2015 20:55
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Sic Semper Goon posted:You're crazy, man. The worn trail of millions of suburb dwellers is the one true path. im sorry you grew up in a broken household
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Mar 1, 2015 21:00
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I don't have any debt.
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Mar 1, 2015 21:13
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The Taint Reaper posted:I don't have any debt. feels good 
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Mar 1, 2015 21:27
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I'm just waiting for the job market to improve. Because steady positions are hard to comeby but I've built up an impressive resume and did freelance work inbetween. I applied to a job position that I didn't even want, and I wound up being one of the top candidates out of a few hundred people. But it was such poo poo work that I don't envy the person who beat me to it. Anyways that's my biggest gripe.
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Mar 1, 2015 21:38
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Hm yes let me commit to a highly illiquid, long-term, and leveraged investment all for the security blanket of *~home-ownership*~
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Mar 1, 2015 21:39
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MeatwadIsGod posted:Hm yes let me commit to a highly illiquid, long-term, and leveraged investment all for the security blanket of *~home-ownership*~ If you still rent you haven't obtained real adulthood and responsibility.
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Mar 1, 2015 21:41
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You can take out a 25 year mortgage and pay it off within 2-3 years. it's not unfeasible, you just need more than a minimum wage job.
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Mar 1, 2015 21:41
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Renting makes sense if its cheap and you don't have much money.
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Mar 1, 2015 21:42
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Sic Semper Goon posted:You're crazy, man. The worn trail of millions of suburb dwellers is the one true path. freedom reigns
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Mar 1, 2015 21:43
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Every person who I know who has rented never takes care of their property and it all winds up looking like a poo poo dump. If a tree falls in the renting person's yard it stays there and they don't even pay a guy to haul it away.
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Mar 1, 2015 21:44
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redshirt posted:Renting makes sense if its cheap and you don't have much money.  The Taint Reaper posted:Every person who I know who has rented never takes care of their property and it all winds up looking like a poo poo dump. Maybe you just know horrible people? Also lolling at how you think hauling away tree should be the renter responsibility.
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Mar 1, 2015 21:44
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I want a $350,000 mortgage loan which I will pay off in 10 years.
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Mar 1, 2015 21:47
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buying land owns
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Mar 1, 2015 21:49
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etalian posted:
No you've just proven why all rented properties look like poo poo heaps.
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Mar 1, 2015 21:50
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Lol if you bought a home not in Iowa, or on the coasts. Abloo bloo its $400K for a $800 sq foot falling apart ~historic~ home in MA. Failure.
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Mar 1, 2015 22:09
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unassertive boy 99 posted:Fear not, for there are styles to suit every need and preference I'd jump all over one of those in a heartbeat, but I live in a UK National Park area. They throw a shitfit if somebody decides to paint their house another colour, so I think I can count something like that out. The Taint Reaper posted:If a tree falls in the renting person's yard it stays there and they don't even pay a guy to haul it away. If it fell in my yard, I would be all over it with a chainsaw. Never turn down free fuel. Soylent Yellow fucked around with this message at 22:13 on Mar 1, 2015 |
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Mar 1, 2015 22:11
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lol @ anyone who wants to actually own anything i cant respect a person who owns a house or a car because theyre hivemind trash
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Mar 1, 2015 22:23
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5-HT posted:im sorry you grew up in a broken household lol @ you defending your disgusting life choices
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Mar 1, 2015 22:26
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Soylent Yellow posted:
This is what wound up happening when we talked to our other neighbors. They acted amazed that nobody wanted to cut up the tree and take parts of it for heating/grilling. So they wound up being the ones who took it away.
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Mar 1, 2015 22:29
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Jonny 290 posted:next thing i'm buyin is a plot of land and a bigger one. i'll never buy a structure somebody else built again "I'm going to own land and put a man-made vehicle built to live in on it. LMAO if you own land and a man-made structure built to live in on it!"
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Mar 1, 2015 22:32
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The Taint Reaper posted:They acted amazed that nobody wanted to cut up the tree and take parts of it for heating/grilling. So they wound up being the ones who took it away. One thing adult life has taught me is that wood is expensiiiiiiiiiiive. I had no idea. It literally grows on trees what the gently caress?
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Mar 1, 2015 22:36
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goons want everyone to live in someone's basement/a leased mobile home-sized kit house that costs less than a year's worth of ssdi because then maybe their lifestyle will be validated/won't look as pathetic vs everyone else
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Mar 1, 2015 22:39
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Justin Tyme posted:goons want everyone to live in someone's basement/a leased mobile home-sized kit house that costs less than a year's worth of ssdi because then maybe their lifestyle will be validated/won't look as pathetic vs everyone else nobody is going to remember you when you die
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Mar 1, 2015 22:44
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etalian posted:Basically beginning of the loan is mainly interest payments to the bank: nnnope. I don't have a poo poo mortgage apparently?
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Mar 1, 2015 23:00
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hackbunny posted:nnnope. I don't have a poo poo mortgage apparently? the example is for a 30 year fixed loan
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Mar 1, 2015 23:01
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The Taint Reaper posted:Every person who I know who has rented never takes care of their property and it all winds up looking like a poo poo dump. It's a high speed game of chicken between "I don't own this place, gently caress it!" and "I don't live in this place, gently caress it!"
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Mar 1, 2015 23:03
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