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#21 (permalink) |
blah!
nosce te ipsum
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Location: east side.
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![]() hahah it's true. I watch those house hunters shows sometimes and i feel the same way. ...but in all fairness, i'm sure the economy has a lot to do with it in some cities. On the flip side i'm sure a condo that goes for $300,000 here would probably fetch $500,000 in Manhattan proper.
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#23 (permalink) | |
"Fake All-Star"
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... unless you want move out east (Newfoundland, New Brunswick) where there are NO jobs at all. ![]() |
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#24 (permalink) |
and a 1, and a 2, and a 1,2,3,4!
Senior Member
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Location: toronto
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![]() And why do you say living in manhattan would suck? Imo it's one of three american cities worth living in: denver (skiing) LA (beach) and manhattan (night life plus career opportunities)
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#25 (permalink) | |
"Fake All-Star"
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![]() Manhattan is great if you're loaded.... not so much if you aren't. |
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#28 (permalink) | |
contemplating
The Killing Joke
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At the end of the day, I just think how hard it must be to start a life without being in crazy debt. Myself, I worked all throughout university and saved my money and graduated with no debt. However, I think about it and eating well (fresh food, fruits and vegetables each day, cooking everything from scratch etc.), paying for gas, buying a car, utility bills etc. I just wonder how you do it today. It's not easy and I know me and my wife make decent money, but trying to put money away just to save, while trying to keep a healthy lifestyle is incredibly difficult today. Then I talk to friends who try to live a simple life but struggle finding a job and I just wonder, do we begin our lives when we're 40? Some people say, just move, but for someone like me, who's incredibly close to my family, it's not an option and I honestly don't believe in moving solely for a job. Move for the experience, sure. Not a job. |
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#30 (permalink) |
censored
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![]() i think the only way to get ahead is to buy your dream home as early as possible and don't ever re-adjust your mortgage. you'll be tight for a while, but inflation of wages will have your mortgage payments looking like peanuts in ten years. that and invest in property. my plan is to have other people paying my condo mortgage next year. yup, it's that easy lol
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#31 (permalink) | |
El Guapo
The Problem Solver
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#34 (permalink) | |
is the baby faced assassin
Banned
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To save 50k you have to live at home rent free probably 3-5 years and work your ass off. |
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#36 (permalink) |
censored
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![]() ideally, you wouldn't be buying your dream home by yourself. i know it's not going to be easy for anyone, but it can be done with the right support and dedication. obviously if you're making 40000 a year, you're not going to be able to afford a home worth that 50k 5%. i didn't have it (support and dedication) thats why i don't have my dream home, but i'm just saying it's achievable.
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#37 (permalink) | |
"Fake All-Star"
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Some kids are pretty unrealistic though when it comes to buying their first home. My mom was telling me about the daughter of a friend of hers the other day.... just got married and bought a 450K house with her husband... lived in it for less than 6 months and then had to sell because they couldn't afford to make the payments (even though both were working). Also got carried away buying expensive home furnishings. Silly. |
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#38 (permalink) |
censored
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![]() to add, i think a lot of people want their own independence before they're financially ready for it. going away for school, having your own apartment is wicked cool when you're 18-19 years old, but it isn't exactly setting you up for success when you could take the same program from just as reputable of a school and stay at home with your parents.
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#39 (permalink) | |
"Fake All-Star"
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#40 (permalink) | |
is the baby faced assassin
Banned
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Myself, i said i wanted my mortgage to be about what i was paying in rent at the time. Especially knowing i was going to have condo fees. I payed 980.00 per month when i was renting. My Mortgage is 1,005.00 per month. I got a great place in a new building and didn't over reach. Hell i even took a place that was less then what i was approved for by the banks. Know your limitations and what you want to pay and set the guidlines with your broker. |
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