patrick.net

  new post
register or log in

#investing   #housing   #politics   #humor  
10,722 registered users, 6 users online now: bob2356, CBOEtrader, Entitlemented, errc, Heres Your Card, Strategist

2362 Torrey Pines Rd, La Jolla, CA 92037

By Patrick (153/153 = 100% civil)   2010 Dec 30, 4:00pm   ↑ like   ↓ dislike   1,252 views   5 comments   watch (0)   share   quote  


Comments 1-5 of 5     Last »

1   drvan   2011 May 18, 12:58pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

As per NYT rent vs. buy calculator I would break even after 3 years? what is wrong with this NYT calculator?

2   drvan   2011 May 18, 1:14pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

3   Nomograph   2011 May 18, 1:23pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

That's not a particularly nice property. It's smack dab in the middle of one of the most busy arteries in San Diego, and becomes a logjam during the summer. I believe the HOA's for those condos are around 450 per month as I remember.

It is close to the beach though...

4   ih8alameda2   2011 May 19, 8:17am  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

drvan says

As per NYT rent vs. buy calculator I would break even after 3 years? what is wrong with this NYT calculator?

without knowing any figures or what you put in, i'm more inclined to ask, what are wrong with your figures? =)

5   Shawn   2011 May 19, 8:34am  ↑ like (1)   ↓ dislike (1)   quote   top   bottom   home   share  

The NY Times calculator probably assigns a high % of annual appreciation by default. Try changing it to something realistic, like a rate of depreciation. But good luck, I've seen calculators out there that won't even accept the possibility of a negative appreciation rate.

Comments 1-5 of 5     Last »

Watch comments by email

home   top   users  
housing crash   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail   random post   patrick.net on twitter  
about   contact  
please recommend patrick.net to your friends