About mmmarvel

mmmarvel

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Registered Feb 19, 2012


mmmarvel's most recent comments:

  • On Thu, 26 Feb 2015, 8:59am PST in Hillary Clinton gets 300k for one hr speech., mmmarvel said:

    Strategist says

    What a ripoff. And I like her.

    Yup, it's a ripoff and just a taste of what we will all get if she makes it to the white house. Oh, and for the record, I've always disliked her.

  • On Thu, 26 Feb 2015, 8:56am PST in Are New Home Sales Really at 'Lofty" Levels, mmmarvel said:

    Mark says

    I also think that a lot of younger people simply haven't bought into the "I must own a home" paradigm.

    Depends on the age and place in life they are, as well as the lifestyle they've chosen to live. If you're not married, the pull to own isn't as strong. When you get children (and hopefully are married), the pull gets stronger. If you envision (or know) that you will be moving from city to city to try to get where you want to be in your career, the attraction isn't there. When you get tired of having your rent raised and seek a more stable monthly housing charge, the attraction is greater. So people in their 20's (generalization), probably not a strong pull. People in their 30's and 40's, probably a stronger pull.

  • On Thu, 26 Feb 2015, 8:25am PST in Are New Home Sales Really at 'Lofty" Levels, mmmarvel said:

    Mark says

    Average Americans can no longer afford owning a home

    It really depends upon where you live (which has always been a factor). In Houston, not to mention smaller towns in Texas, someone making $50K a year could/should be able to save up to make a down payment on a house that will cost between $100K to $150K. And I'm not talking a POS, no, I'm talking a 15 - 30 year old house, 1800 - 2500 square feet, a decent lot (6000 square feet and up).

    I use to live in Oregon. My house in Texas cost me less than $120K, in Oregon that same house (the Portland area) would have cost at least $200K - $250K. Yet, I'm making more money in Texas than in Oregon; and the cost of living in Texas is lower soooo, my standard of living (and life) is higher. I couldn't afford this standard in Oregon and I don't even want to talk about what it would cost in CA.

    When I got laid off (oh, so long ago), I didn't even LOOK at CA for jobs. I knew I couldn't afford to live there. If you're making (and I'm just picking a number) $100K a year in CA, you would probably make $80 - $95K in Texas and yet your standard of living would be higher. If a young person wants/needs - refuses to move from CA; then yes, they will have trouble finding something affordable and suitable.

    Just one man's opinion and observation.

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