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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) |
Deja Q (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:33 PM Original message |
Just WHY are people buying homes anyway? |
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Redstone (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:36 PM Response to Original message |
1. I work for myself, so I'm never "between jobs." |
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evlbstrd (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:38 PM Response to Original message |
2. I needed a place to grow kids. |
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Evoman (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 01:31 PM Response to Reply #2 |
90. Not really..I mean, space is nice... |
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evlbstrd (1000+ posts) Send PM | Profile | Ignore | Sat Aug-05-06 08:55 AM Response to Reply #90 |
95. I'm the oldest of six. |
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greguganus (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:38 PM Response to Original message |
3. Alot of people dont care if it gets paid for. |
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Misunderestimator (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:50 PM Response to Reply #3 |
7. So someone in their 60s shouldn't buy a home? |
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greatauntoftriplets (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:51 PM Response to Reply #3 |
9. Uh....ever hear the words appreciation or equity??? |
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Momgonepostal (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:52 PM Response to Reply #3 |
11. One advantage to that is he can get a fixed rate |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:54 PM Response to Reply #3 |
38. 30 year mortgages were a part of housing plans since FDR. One |
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cynatnite (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:40 PM Response to Reply #3 |
58. Geez, what a way for that guy to love his kids... |
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mccoyn (512 posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:12 AM Response to Reply #3 |
81. That only works if it appreciates faster than the interest accumulates. |
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uppityperson (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:38 PM Response to Original message |
4. better than living in a car or a box on the street |
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wakeme2008 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:43 PM Response to Original message |
5. moving to mid state California |
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NMDemDist2 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:43 PM Response to Original message |
6. cuz I bought one in a growing market 10 years ago |
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Phx_Dem (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:51 PM Response to Reply #6 |
8. Why is your property tax so low? |
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Momgonepostal (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:55 PM Response to Reply #8 |
12. That seems low to me too |
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NMDemDist2 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:19 PM Response to Reply #12 |
19. ahh yes, I remember California property taxes. the bungalow I owned |
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lutefisk (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 12:11 AM Response to Reply #12 |
67. Here, that would be about a $7500 house (Wisconsin) n/t |
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NMDemDist2 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:16 PM Response to Reply #8 |
18. cuz part is just for the land |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:52 PM Response to Original message |
10. because I dont want to pay rent for my WHOLE LIFE???? |
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sarge43 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:56 PM Response to Reply #10 |
14. Yes and fixed rate mortgage is handy, too. |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:35 PM Response to Reply #10 |
48. Yes, but... |
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Clark2008 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:49 PM Response to Reply #48 |
62. Not true. Not unless you're in a big city. |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 03:31 AM Response to Reply #62 |
69. That's not the reality in the S.F. bay area. |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 07:56 PM Response to Original message |
13. It's like rent control - one payment the rest of your life |
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judaspriestess (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:00 PM Response to Original message |
15. cause its better than paying someones else's mortgage |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:40 PM Response to Reply #15 |
26. It's still a gamble |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:42 PM Response to Reply #26 |
30. and with rent ALL the money goes to someone else |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:53 PM Response to Reply #30 |
37. I'll be able to rent at a much lower rate than the interest I'm currently |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:39 PM Response to Reply #37 |
50. I hear ya. I'm in the S.F. bay area...happily renting. |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 08:57 AM Response to Reply #50 |
76. People just don't have perspective |
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kestrel91316 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:17 PM Response to Reply #37 |
56. Boy, ain't THAT the truth! |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:00 AM Response to Reply #56 |
77. Me either |
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kestrel91316 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 10:21 AM Response to Reply #77 |
84. I can't figure out where the people that spend this much on |
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judaspriestess (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:49 PM Response to Reply #26 |
52. if you divide one payment into twelve months |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 08:54 AM Response to Reply #52 |
74. Yes, of course there are ways of lowering your mortgage |
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ReadTomPaine (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:02 PM Response to Original message |
16. To FLIP it, baby! |
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ShaniqaPie (22 posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:42 PM Response to Reply #16 |
29. Thanks you Alan Greenspan |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 03:40 AM Response to Reply #29 |
70. My college friend's dad did that decades ago |
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OPERATIONMINDCRIME (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:03 PM Response to Original message |
17. What Are You Talking About? Is There Any Context? |
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Deja Q (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:51 PM Response to Reply #17 |
35. The context has been spoken by many. |
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OPERATIONMINDCRIME (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:57 PM Response to Reply #35 |
40. Still Don't See Any Real Context Of Validity. |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:02 PM Response to Reply #40 |
44. Methinks you over-think |
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Name removed (0 posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:13 PM Response to Reply #44 |
45. Deleted sub-thread |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 08:51 AM Response to Reply #44 |
73. Darn! I missed it! n/t |
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omega minimo (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:02 AM Response to Reply #73 |
78. "Ow. Ow. Humorous Smilies Hurt My Feewings. I'm Tellin'!" |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:03 AM Response to Reply #78 |
80. haha! ok |
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OPERATIONMINDCRIME (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 04:26 PM Response to Reply #73 |
91. See The First Reply? It Was Basically A Bunch Of Childish Stuff Like That |
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Poppyseedman (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:20 PM Response to Original message |
20. Here is a beautiful home for $65,000 |
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Clark2008 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:55 PM Response to Reply #20 |
63. To each his own, I suppose. |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 08:50 AM Response to Reply #63 |
72. Yeah, to each his own |
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NMMNG (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 03:46 AM Response to Reply #20 |
71. Nice house, great price. |
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Texasgal (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:26 PM Response to Original message |
21. Ummm... I don't have a big "fancy" home |
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napi21 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:36 PM Response to Original message |
22. Wellll, I own a paid off home. It's not a great big fancy one, but |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:37 PM Response to Original message |
23. It made sense when I bought my first home |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:41 PM Response to Reply #23 |
28. i dont get it |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:45 PM Response to Reply #28 |
32. Sure, mortgage can go away... in decades! |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:47 PM Response to Reply #32 |
33. you dont want a mortgage or rent when you retire |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:49 PM Response to Reply #33 |
34. And I won't! |
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NVMojo (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 11:56 PM Response to Reply #23 |
65. we are feeling just like you, Juniperx. Currently waiting for our house |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:02 AM Response to Reply #65 |
79. Yep, I think it's the only safe thing to do |
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bridgit (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:39 PM Response to Original message |
24. hard to figure, foreclosures are at a record high as well... |
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Raine (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:40 PM Response to Original message |
25. Cause when you pay rent |
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bridgit (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:44 PM Response to Reply #25 |
31. there's a tipping point with rent, if you start paying upwards of 900... |
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mccoyn (512 posts) Send PM | Profile | Ignore | Fri Aug-04-06 01:02 PM Response to Reply #31 |
89. And that $500 would make a nice investment. -nt |
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NewJeffCT (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:40 PM Response to Original message |
27. with the price of gas these days... |
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Deja Q (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:52 PM Response to Reply #27 |
36. Bingo. But a problem is, |
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Texasgal (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 08:56 PM Response to Reply #36 |
39. Not necessarily true. |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:00 PM Response to Reply #36 |
41. thats what savings are for |
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Earth_First (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:01 PM Response to Original message |
42. Because we're tired of building some else's equity... |
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LordLovesAWorkingMan (272 posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:01 PM Response to Original message |
43. Um, to live in? |
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newyawker99 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:37 AM Response to Reply #43 |
83. Hi LordLovesAWorkingMan!! |
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Clarkie1 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:29 PM Response to Original message |
46. Not worth it for me to buy. |
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lectrobyte (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:30 PM Response to Original message |
47. Because I looked at what I'd been paying in rent for 10 years or so. |
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zulchzulu (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:38 PM Response to Original message |
49. I moved to a place where I could afford a decent home... |
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Rockholm (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 09:40 PM Response to Original message |
51. Because People Need A Place To Live. |
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LWolf (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:00 PM Response to Original message |
53. I bought a little over a year ago. |
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tyedyeto (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:03 PM Response to Original message |
54. My s/o's son just bought a house |
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lectrobyte (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:07 PM Response to Original message |
55. It doesn't have to be a big fancy place. And if you're out of a job, |
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lastliberalintexas (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 11:16 AM Response to Reply #55 |
88. Yeah, neither the mortgage company nor the landlord will be very |
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MazeRat7 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:20 PM Response to Original message |
57. Because its cheaper then renting. (n/t) |
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Clark2008 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:45 PM Response to Original message |
59. Because I just got married in January and my family |
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Fountain79 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:47 PM Response to Original message |
60. Much better to buy than rent... |
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ellie (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:48 PM Response to Original message |
61. ? I just bought a house |
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AlCzervik (1000+ posts) Send PM | Profile | Ignore | Thu Aug-03-06 10:57 PM Response to Original message |
64. i need someplace to store the hundred dollar bills i light cigars with |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 12:08 AM Response to Original message |
66. There's an Underlying 3-4% Inflation Rate |
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ProfessorGAC (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 10:44 AM Response to Reply #66 |
85. There's A Dual Dilemma Here Too |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 11:02 AM Response to Reply #85 |
86. Well, I Was Referring to the Value as Determined by Recent Sales |
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ProfessorGAC (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 11:14 AM Response to Reply #86 |
87. Yeah, I Know |
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Throd (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 12:22 AM Response to Original message |
68. 'Cuz if you can, it beats the shit out of renting. |
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tenshi816 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 08:57 AM Response to Original message |
75. Especially when you can just take one |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 09:30 AM Response to Original message |
82. Because for many people it makes fiscal and personal sense |
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Vinca (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 04:40 PM Response to Original message |
92. Why are people buying homes? |
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Catherine Vincent (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 05:00 PM Response to Original message |
93. I bought a home because I got tired of hearing the couple |
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Baclava (1000+ posts) Send PM | Profile | Ignore | Fri Aug-04-06 05:26 PM Response to Original message |
94. I am sooooooooo glad I bought my house when I did... |
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