Followed by 0
Ignored by 0
In United States
Registered Jan 10, 2011
ih8alameda's most recent comments:
- On 16 Aug 2012
Question for the RE investors/those with upgrade experience.,
hmm, i guess nobody's bored today. =P
- On 17 May 2012
So, I focus on enjoying my life and the fact that I am financially secure with zero debt to my name.
this is what i've done myself. i've spent way too much time analyzing and following the bay area market and finally came to the conclusion that it's just not rational.
now if i can only convince myself to stop looking entirely, it's almost like a bad accident, you don't want to look but can't help yourself.
- On 14 May 2012
having watched the alameda market closely for over 5 years, i can easily say that rent beats buying, by a long shot for SFH's. Half? I don't know, but easily 30-40% cheaper.
Alameda has also been on fire, those 400k homes are not selling for 500k+ and people are still tripping over themselves to overpay. I wonder how all this will turn out.
So your $1600 a month rent isn't the SPECTACULAR deal you are making it out to be. Nonetheless, i know there are plenty of hidden and not so hidden costs of ownership vs. renting.