In our development (20 miles away from DC), they're building condos that now start somewhere in the $200Ks.
Last summer, we checked out the single families in the development. They were starting at about $650K then.
It's my estimation that... every man ever got a statue made of him, was one kind of sumbitch or another.
Mal ,'Jaynestown'
Natter 34: Freak With No Name
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Fred Pete - Apr 22, 2005 6:40:09 am PDT #8074 of 10001
Ann, that's a ferret.
Katie M - Apr 22, 2005 6:44:25 am PDT #8075 of 10001
I was charmed (albeit somewhat perplexed) by the fannish sensibility of many of the music choices -- it's like the director was trying to vid Canada. --loligo on the Olympic Opening Ceremonies
I'm never going to own a house, am I?
Topic!Cindy - Apr 22, 2005 6:46:00 am PDT #8076 of 10001
What is even happening?
Oh absolutely, Nutty. I didn't mean to say otherwise. I was going straight back to Gus's assertion last night. He was saying it was financially smarter to rent and save, and buy outright (I think) than to mortgage. I dispute that where a house is concerned. I'm less sure that I would dispute it, where a condo is concerned--that is to say, if you did end up making out on the condo in the long run, I think it would still be less than you could make out on a single family home.
Condos are, I think, generally a little more sensitive to the market than houses are. I don't think investment is the reason to buy a home (house or condo) that you're going to occupy, either. It might be one of the reasons, depending on how you rank the intangibles.
juliana - Apr 22, 2005 6:46:03 am PDT #8077 of 10001
I’d be lying if I didn’t say that I miss them all tonight…
I'm never going to own a house, am I?
Hey, if it's any consolation, our plan is to buy a building that can be converted to a theater and build an apartment somewhere in the building. I don't think we'll ever own a house-house either.
flea - Apr 22, 2005 6:46:13 am PDT #8078 of 10001
information libertarian
You could probably own one in Eastern Washington now. The question is, will you own a house in a place you'd actaully want to live?
Gudanov - Apr 22, 2005 6:47:40 am PDT #8079 of 10001
Coding and Sleeping
They were starting at about $650K then.
It would be hard to find a house for sale at that price in my zip code. There are some houses that cost that much or more, but very few. Probably all of them are the gated golf community or on large acreages.
Calli - Apr 22, 2005 6:49:48 am PDT #8080 of 10001
I must obey the inscrutable exhortations of my soul—Calvin and Hobbs
I could get a condo in my neighborhood that's about the size of my current apartment (~550 sq. ft.) for ~150k. Which isn't that bad, considering it's a nice, established, middle-class neighborhood that's a 15 minute drive from RTP (ie, where many of the jobs are). So you might think that I'd be a fool a) not to buy and b) to be job hunting elsewhere.
But then, if I mention to you that I'm trying to get back into teaching for the considerable increase in salary that would entail . . .
tommyrot - Apr 22, 2005 6:49:54 am PDT #8081 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
I think I shall live in a Zeppelin and roam the earth.
Gudanov - Apr 22, 2005 6:50:49 am PDT #8082 of 10001
Coding and Sleeping
I hear you can get a hydrogen filled one cheap.
Matt the Bruins fan - Apr 22, 2005 6:51:02 am PDT #8083 of 10001
"I remember when they eventually introduced that drug kingpin who murdered people and smuggled drugs inside snakes and I was like 'Finally. A normal person.'” —RahvinDragand
Make sure it's filled with helium!