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SVTPerformance's Chain of Restaurants
Road Side Pub
I just can’t convince myself to buy a house.
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<blockquote data-quote="jpro" data-source="post: 16198570" data-attributes="member: 72690"><p>Right, but a monthly payment on a $450k+ house isn't exactly chump change. For a lot of people, $2500/month is serious coin. Now add extra onto that and you are really stretching it. </p><p></p><p>A lot of people in this thread are talking about post-recession purchases that are now worth $XXXXXX. Like I said in an earlier post, its all about timing. Prices accelerated when the economy recovered. You bought low and now you're sitting on an asset that is worth significantly more than what you owe on it.</p></blockquote><p></p>
[QUOTE="jpro, post: 16198570, member: 72690"] Right, but a monthly payment on a $450k+ house isn't exactly chump change. For a lot of people, $2500/month is serious coin. Now add extra onto that and you are really stretching it. A lot of people in this thread are talking about post-recession purchases that are now worth $XXXXXX. Like I said in an earlier post, its all about timing. Prices accelerated when the economy recovered. You bought low and now you're sitting on an asset that is worth significantly more than what you owe on it. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
I just can’t convince myself to buy a house.
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