sunnybrook
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Mon Feb-23-09 03:02 PM
Response to Original message |
| 3. Home buyers also have a responsibility |
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McMansions destroy the environment.
I also rent for some of the same reasons you mentioned.
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| -Why I am 42 and still rent instead of owning my own home: |
ddeclue |
Feb-23-09 02:58 PM |
#0 |
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Your decision has certainly been validated. |
Kurt_and_Hunter |
Feb-23-09 03:00 PM |
#1 |
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Not necessarily. It depends where you live. |
Phx_Dem |
Feb-23-09 05:44 PM |
#44 |
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I think you're right. If you can get a conventional mortgage and hold |
pnwmom |
Feb-23-09 10:20 PM |
#49 |
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But the problem is complicated in that it is hard to find any kind of decent job |
ddeclue |
Feb-24-09 10:25 AM |
#68 |
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True. The people I know now that are in a forced move situation |
pnwmom |
Feb-24-09 04:29 PM |
#94 |
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Wait 6-12 months. You'll never have a better opportunity to buy. |
MercutioATC |
Feb-23-09 03:01 PM |
#2 |
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I'm wondering if that applies to building... |
marions ghost |
Feb-23-09 03:58 PM |
#29 |
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You'd do better buying existing housing stock. |
MercutioATC |
Feb-23-09 04:04 PM |
#31 |
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yes but |
marions ghost |
Feb-23-09 04:31 PM |
#37 |
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We're in a similar position. |
pnwmom |
Feb-23-09 10:27 PM |
#50 |
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right |
marions ghost |
Feb-24-09 04:19 AM |
#61 |
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I'd love to know if you ever get going on this. |
pnwmom |
Feb-24-09 04:15 PM |
#91 |
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thanks pnwmom |
marions ghost |
Feb-25-09 11:53 AM |
#97 |
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"Missing the window" implies we'll be getting into "housing bubble" mode later again too... |
cascadiance |
Feb-24-09 04:29 PM |
#95 |
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Right |
marions ghost |
Feb-25-09 12:03 PM |
#98 |
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That's why I moved from San Diego to Portland.... I figure the same thing... |
cascadiance |
Feb-24-09 04:24 PM |
#92 |
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Home buyers also have a responsibility |
sunnybrook |
Feb-23-09 03:02 PM |
#3 |
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Maybe, in this market, it's time for you to buy. |
MADem |
Feb-23-09 03:04 PM |
#4 |
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Except that I'm single and currently I'm unemployed |
ddeclue |
Feb-23-09 03:14 PM |
#7 |
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Poor you! Of course, in the old days, they'd give you a loan ANYWAY! |
MADem |
Feb-23-09 03:21 PM |
#11 |
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Poor me? I hope that was sincere...it sounded a little mean... |
ddeclue |
Feb-23-09 03:29 PM |
#14 |
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It was totally sincere. |
MADem |
Feb-23-09 11:33 PM |
#54 |
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I agree that housing needs to come down to affordable levels... |
Nicholas D Wolfwood |
Feb-23-09 03:09 PM |
#5 |
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I disagree about the row house stuff... |
ddeclue |
Feb-23-09 03:18 PM |
#9 |
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I bought my first home at 26. In fact I still live in it 8 years later. |
Jennicut |
Feb-23-09 03:10 PM |
#6 |
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You must live in some small town in the midwest or something... |
ddeclue |
Feb-23-09 03:15 PM |
#8 |
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I'm not sure, but I think the "cut" part is for Connecticut |
asphalt.jungle |
Feb-23-09 03:45 PM |
#21 |
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Connecticut. A small town called Terryville. Northwest CT prices are cheaper then the rest of CT. |
Jennicut |
Feb-24-09 03:37 AM |
#58 |
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That explains it! |
ddeclue |
Feb-24-09 10:36 AM |
#74 |
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LOL. I have never been to the midwest but would love to go. FL prices are terrible! |
Jennicut |
Feb-24-09 03:42 AM |
#59 |
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I always thought that CT was just as expensive if not more than FL. |
ddeclue |
Feb-24-09 10:35 AM |
#73 |
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That is southern CT. CT is small but there are very different parts of the state. |
Jennicut |
Feb-24-09 12:09 PM |
#86 |
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I live in Nebraska and love it. |
joeglow3 |
Feb-24-09 11:31 AM |
#82 |
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Yep! |
PatGund |
Feb-23-09 03:21 PM |
#10 |
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Well, I'm 56 and I've never owned a house and have never been interested in owning a house. |
elocs |
Feb-23-09 03:26 PM |
#12 |
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Do you have children? It's harder to be content when you have |
pnwmom |
Feb-23-09 03:43 PM |
#20 |
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Home is where the heart is. I've raised three and have never owned |
Saphire |
Feb-24-09 07:43 PM |
#96 |
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I've owned two homes (I currently rent) and I wonder if owning a home makes sense for most people. |
stopbush |
Feb-23-09 03:26 PM |
#13 |
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We really DO need to evolve into a telecommuting society. |
ddeclue |
Feb-23-09 03:35 PM |
#16 |
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Sorry to hear about your troubles, dedeclue. |
pnwmom |
Feb-23-09 03:46 PM |
#23 |
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They are undercounting everybody... |
ddeclue |
Feb-23-09 03:48 PM |
#25 |
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I fall into that category |
sunnybrook |
Feb-23-09 04:03 PM |
#30 |
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Good luck, sunnybrook! n/t |
pnwmom |
Feb-23-09 10:18 PM |
#48 |
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Thanks! |
sunnybrook |
Feb-23-09 10:59 PM |
#52 |
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If you have children, you could compound the moving problems for them |
pnwmom |
Feb-23-09 03:39 PM |
#18 |
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Another EXCELLENT point.. |
ddeclue |
Feb-23-09 03:45 PM |
#22 |
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A married couple I'm close to are going through this now, |
pnwmom |
Feb-23-09 03:50 PM |
#26 |
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Well, I do have kids, and it isn't easy to keep moving. |
stopbush |
Feb-23-09 04:18 PM |
#35 |
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The couple I know who are moving now are in a situation similar to yours. |
pnwmom |
Feb-23-09 10:15 PM |
#46 |
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all those moves with kids.... |
marions ghost |
Feb-24-09 04:22 AM |
#62 |
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As a military brat I went through this on a regular basis in the 1970's |
ddeclue |
Feb-24-09 10:33 AM |
#72 |
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On the other hand, first time home buyers shouldn't be disappointed |
pnwmom |
Feb-23-09 03:30 PM |
#15 |
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I actually PREFER old homes. |
ddeclue |
Feb-23-09 03:37 PM |
#17 |
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Homes built from the early 1950's until the late 1970's. |
PM Martin |
Feb-23-09 05:00 PM |
#42 |
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Our first house was a fifties house, our second, a sixties, |
pnwmom |
Feb-23-09 10:16 PM |
#47 |
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someone told me yesterday that her 22-year-old house |
spooky3 |
Feb-23-09 11:16 PM |
#53 |
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Move instead of buying some new appliances? Or floor covering? |
pnwmom |
Feb-23-09 11:49 PM |
#55 |
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It will be interesting to see how the homes built from this last decade hold up |
file83 |
Feb-24-09 12:58 AM |
#56 |
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CS and I rent a lovely apt in SF, and can't imagine buying. |
SpookyCat |
Feb-23-09 03:41 PM |
#19 |
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Ok for the acronym challenged what is "CS"? |
ddeclue |
Feb-23-09 03:47 PM |
#24 |
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I don't get it either |
sunnybrook |
Feb-23-09 04:06 PM |
#32 |
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HA! Sorry! |
SpookyCat |
Feb-23-09 04:29 PM |
#36 |
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I think the key difference for many is having children. |
pnwmom |
Feb-23-09 03:52 PM |
#27 |
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That's generally true but our apt is a long term type place. |
SpookyCat |
Feb-23-09 04:38 PM |
#38 |
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Rent control I'm sure helps with stability! Unfortunately, most cities |
pnwmom |
Feb-23-09 10:10 PM |
#45 |
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I think offering tax breaks for companies that allow telecommuting |
ddeclue |
Feb-24-09 10:40 AM |
#76 |
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we're in our 3rd home together and this one is 5 years from being paid off |
AlCzervik |
Feb-23-09 03:57 PM |
#28 |
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I Made a Similar Decision, Doug |
On the Road |
Feb-23-09 04:13 PM |
#33 |
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A recent article in the New Yorker suggests that the housing bubble is only |
hedgehog |
Feb-23-09 04:17 PM |
#34 |
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Thanks NY'er now tell me something I don't know like: Sun rises in east sets in west - film at 11.. |
ddeclue |
Feb-24-09 10:51 AM |
#78 |
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Given the type of mobility your job requires, you would be CRAZY to buy |
Phoebe Loosinhouse |
Feb-23-09 04:43 PM |
#39 |
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we've relocated twice, from Mass to Texas and then to California. |
AlCzervik |
Feb-23-09 04:44 PM |
#40 |
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Today's labor trends can be a nightmare for two-career families, divorced |
pnwmom |
Feb-23-09 10:31 PM |
#51 |
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Yeah I've had some divorced friends from work over the years |
ddeclue |
Feb-24-09 10:39 AM |
#75 |
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Had you been in another state you might have had a house |
Fire1 |
Feb-23-09 04:53 PM |
#41 |
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This is probably true... housing is cheaper in Georgia and much cheaper in AL and TN. |
ddeclue |
Feb-24-09 09:59 AM |
#65 |
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Housing prices are basically still water-falling with some sporadic |
freemarketer6 |
Feb-23-09 05:09 PM |
#43 |
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DEVELOPERS OWN THE LOCAL CITY COUNTY GOVERNMENT. GET THEM OUT. |
omega minimo |
Feb-24-09 01:36 AM |
#57 |
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how? |
marions ghost |
Feb-24-09 04:41 AM |
#63 |
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sounds familiar |
omega minimo |
Feb-24-09 10:26 AM |
#69 |
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ABSITIVELY!!!! |
ddeclue |
Feb-24-09 10:05 AM |
#66 |
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Gotta have that arena |
omega minimo |
Feb-24-09 10:29 AM |
#70 |
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congratulations |
marions ghost |
Feb-24-09 11:43 AM |
#83 |
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one reason is greed and another is |
omega minimo |
Feb-24-09 02:15 PM |
#87 |
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Nothing is absolute |
loyalsister |
Feb-24-09 03:58 AM |
#60 |
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After decades and decades of home ownership |
Iwillnevergiveup |
Feb-24-09 05:38 AM |
#64 |
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I understand |
Brewman_Jax |
Feb-24-09 10:12 AM |
#67 |
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I used to live in Atlanta from 1984-1996 and still have friends there |
ddeclue |
Feb-24-09 10:30 AM |
#71 |
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You know the area |
Brewman_Jax |
Feb-24-09 10:50 AM |
#77 |
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Sounds like me and my friends in the early 1990's in Atlanta. |
ddeclue |
Feb-24-09 10:53 AM |
#79 |
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"The government" as accountant comes with its own set of problems... |
Orsino |
Feb-24-09 11:18 AM |
#80 |
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So, as a CPA in a Big Four, I was co-opted???? |
joeglow3 |
Feb-24-09 11:27 AM |
#81 |
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Used to be the Big EIGHT... |
ddeclue |
Feb-24-09 11:59 AM |
#85 |
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Ironically, I worked for Andersen. |
joeglow3 |
Feb-24-09 02:24 PM |
#89 |
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Boy I'm glad I'm still renting too. |
WI_DEM |
Feb-24-09 11:51 AM |
#84 |
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I bought a house in 2001 when I was 37 and single |
gmoney |
Feb-24-09 02:20 PM |
#88 |
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I live in a home in Madison, WI that I would never be able to afford in San Francisco |
zulchzulu |
Feb-24-09 02:40 PM |
#90 |
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There are some advantages in buying that haven't been mentioned. |
pnwmom |
Feb-24-09 04:26 PM |
#93 |
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I encouraged my 21 yo (very mature) son to buy a new townhouse |
mnhtnbb |
Feb-25-09 01:44 PM |
#99 |