New Orleans had my favourite housing market ever. I'm kinda sad I fell in love with LA.
We're in love. We're ... lovers. We're lesbian, gay-type lovers.
Willow ,'Potential'
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.
§ ita § - Apr 22, 2005 6:58:33 am PDT #8091 of 10001
Well not canonically, no, but this is transformative fiction.
-t - Apr 22, 2005 7:01:02 am PDT #8092 of 10001
I am a woman of various inclinations and only some of the time are they to burn everything down in frustration
I'm tempted to buy, just because (I think) I can afford to. But that only makes sense if I'm staying another 3+ years. Right now, that seems like a very long time.
I'll feel really dumb if I wake three years from now still renting here, though.
DavidS - Apr 22, 2005 7:01:24 am PDT #8093 of 10001
"Look, son, if it's good enough for Shirley Bassey, it's good enough for you."
I like the Zeppelin plan and I always have.
Trivia Note: During the era of pulp magazines, there was famously one issue of Zeppelin Stories! featuring the short action packed story, "Gorilla of the Gasbags!"
Steph L. - Apr 22, 2005 7:02:46 am PDT #8094 of 10001
I look more rad than Lutheranism
When I was small, I thought that people rode inside the blimp part of Zeppelins, which horrified me.
Calli - Apr 22, 2005 7:03:12 am PDT #8095 of 10001
I must obey the inscrutable exhortations of my soul—Calvin and Hobbs
"Gorilla of the Gasbags!"
Oh, god. So. Many. Snide. Political. Comments. In my brain.
Drowning in own snark. Send help.
Or Michael Rosenbaum in black leather. Whatever's handy.
§ ita § - Apr 22, 2005 7:06:43 am PDT #8096 of 10001
Well not canonically, no, but this is transformative fiction.
Michael Rosenbaum in black leather
He's busy.
Sorry about that!
Cashmere - Apr 22, 2005 7:06:48 am PDT #8097 of 10001
Now tagless for your comfort.
DX, thank you. You summed that up VERY nicely on the mortgage thing. That was what I was thinking (only didn't know how to say it). Cindy said it, too, only with more words and math.
I get that by paying interest, we're actually paying more than the house is worth, but if the house increases in value over that time (and ours is), that could even out what you actually paid for it in interest.
Add that to the tax breaks homeowners and I think it's the right thing to do. Even if I had the cash for a house, I'd still finance part of it and invest the cash I had in something that would pay a higher return.
Maria - Apr 22, 2005 7:07:54 am PDT #8098 of 10001
Not so nice is that I'm about to ruin a Friday morning for a bunch of people because of a series of unfortunate events and an upset foreign government. - shrift
What $650K buys in DC: [link]
What $650K buys 20 miles north of the city: [link]
This is why we don't have a house yet.
§ ita § - Apr 22, 2005 7:08:59 am PDT #8099 of 10001
Well not canonically, no, but this is transformative fiction.
We always pay more than stuff is worth, don't we? I mean, if I buy a shirt at the Gap, there's a whole lot of money in there above parts and labour. In this case, the facilitator is the bank, and they make a profit. If the house's value to you doesn't include the interest, and therefore is less than the cost to you, don't buy it.
tommyrot - Apr 22, 2005 7:09:08 am PDT #8100 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.
If you live out west, you can buy the fuselage of a scrapped airliner and make a house of that. Very cheap, except transporting the fuselage can be expensive, especially if you choose a 747.