0
0

time to jump in or stay on the fence?


 invite response                
2012 Mar 17, 4:18am   27,288 views  43 comments

by Mick Russom   ➕follow (0)   💰tip   ignore  

I'm thinking of jumping into the market. I'm looking at a 4 / 2 1600 sq ft for 800k. The mortgage rate is locked in at 4%, 625000, 3000+100+840 (3940 PITI). Belmont Cipriani / Haskin Estates area.

I'm currently renting a 3/2 condo for 2550.

You guys think the market will flop on the bottom or start taking off?

#housing

« First        Comments 41 - 43 of 43        Search these comments

41   rootvg   2012 Mar 19, 7:08am  

wthrfrk80 says

rootvg says

Sure, but then I wouldn't have a job to pay for it.

So then a high paying job in the Bay Area gets you nothing more than a shitty job outside of the Bay Area. In both places, people are living paycheck to paycheck. What's the point of going to school for a high-tech career then? Yikes.

That response is SO typical of the Rust Belt: life's a bag of shit everywhere so why try?

Except that it's NOT. My lifestyle won't change one bit in the new house. We have some improvements to pay for and I won't fly for awhile until that's gone but other than, nothing much will change...because we bought what we could afford.

You need to come out here and visit. You might never go home.

42   RentingForHalfTheCost   2012 Mar 19, 12:09pm  

wthrfrk80 says

What $800k will buy outside of the SF Bay Area:

Then here is what you get in Belmont for that loot. Maybe you can get some rent money from all the rodents that live in the attic.

http://www.movoto.com/real-estate/homes-for-sale/CA/Belmont/2111-Coronet-BLVD-100_81201442.htm

43   FunTime   2012 Mar 22, 9:24am  

wthrfrk80 says

What $800k will buy outside of the SF Bay Area:

A chance to really mess up the environment.

Nice shot of the middle of nowhere. We ought to leave nature alone people.

« First        Comments 41 - 43 of 43        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste