I do not have today off, and will likely work late.
Now I'm really, really hoping the sale of my house goes through.
I think you're OK Anne. A lot of this is investment stuiff, I really don't think that decent residential housing in decent neighborhoods in cities with high housing demand (you're in the DC-Baltimore area, right) are going to stagnate. Some of these half assed converted apartments/condos, (I am thinking in Cambridge and Somerville MA) maybe. I think if you're not in it for the quick buck, you don't have much to lose when and if this bubble burst.
The real trouble with the 35:1 cost:rent ratio is that if you want to keep the house, it won't be profitable till after the 30-year mortgage is paid off. Whereas, it's possible to buy a house, rent it, and have both the mortgage payment and the property taxes covered by rent, if you plan for the long term.
Okay, maybe only barely in the Boston area, but it has been possible and continues to be out in the smaller ring towns.
Mr. White cannot get enough of my love. Just FYI.
VH1 has a program about "The Most Awesomely Bad Love Songs EVER."
Every two or three songs, I think, "Oh, I love that song." I think it's mostly nostalgia. Maybe.
Whereas, it's possible to buy a house, rent it, and have both the mortgage payment and the property taxes covered by rent, if you plan for the long term.
Okay, but then where do you live? I agree it's a nice investment income if you can do it, but you have to be in a place to plan to own two houses.
And I am immensely cheered by The Economist news.
Is "More Than Words" on the list, Dana? C'mon -- we need to know the details.
Mr. White cannot get enough of my love. Just FYI.
But are you qualified to satisfy him, the way he wants you to?
I bet "An Old Fashioned Love Song" and "Silly Love Songs" are both in there.
Is "More Than Words" on the list, Dana? C'mon -- we need to know the details.
Not yet, but oh, my god, I love that song. (I'm sure it's higher up in the list. This is only the teens.)
many bad love songs are awesome.