why buy a house? - Page 5

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Posted by Rod Speed on July 5, 2006, 11:11 pm
 

Yep, you never manage to get it right for long.


Irrelevant to whether its perfectly feasible to do hurricane proof houses there.

<reams of your puerile shit any 2 year old could leave for dead flushed where it
belongs>



Posted by Vic Smith on July 5, 2006, 10:09 pm
 
wrote:


Crazy, isn't it?  I vacation in St. Pete every year, and once thought
about owning down there.  But what I've seen recently is that I can
rent a nice condo quite reasonably for when I get the Florida urge.
The off-season vacancy is really high due to building/buying
speculation.  Looked like about half the gulf-front condos were
shuttered when I was there last October.

--Vic

Posted by imran on July 5, 2006, 9:24 am
 
Tom wrote:


Posted by imran on July 5, 2006, 9:29 am
 
Tom wrote:


Posted by Vic Smith on July 5, 2006, 6:54 pm
 

Close to getting bored?
None of your numbers are solid.
Get concrete numbers and determine the length of time you *know* you
will be in the area.
You mention ~200k for a house in the "loop."
Is that realistic?  Last I looked the median house in the U.S. was
$215k.
Do you have or plan to have kids?
Do you have the downstroke?
Do you have secure employment?
Assuming home prices have increased in your area as they have in much
of the country, the arguments you'll hear from homeowners who bought
more than a couple years ago are essentially worthless.
That was then, this is now.  It's an entirely different market.
What are your first-time homeowner co-workers/friends doing?
You'll get your best advice/knowledge from them.  They are local to
you, and often in the same financial circumstances as you.

--Vic

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