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11-19-2007, 03:44 AM
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#111
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Kindly Asked To Leave
Join Date: Mar 2006
Location: Southern California
Posts: 13,793
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Quote:
Originally Posted by moon_knight1971
Yeah Cali is very, very expensive. Right now its definitely better to be a renter than a home owner.
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amen....
renting here is TONS better than buying.
If we were buying,.....ther'd be no way I could get 7 Wolverine FS statues...... 
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11-19-2007, 09:39 AM
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#112
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Fantomah
Join Date: Sep 2006
Location: Seattle, WA
Posts: 6,216
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Quote:
Originally Posted by moon_knight1971
Yeah Cali is very, very expensive. Right now its definitely better to be a renter than a home owner.
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Yeah tell me about it, I've seen houses that really aren't that nice go for about a million or more.
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11-19-2007, 12:16 PM
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#113
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Fantomah
Join Date: Sep 2006
Location: Seattle, WA
Posts: 6,216
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Mornin' WEST SIDE!!!
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11-19-2007, 12:40 PM
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#114
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The Rock
Adamantium Plus Member
Join Date: Sep 2004
Location: Bend, Oregon
Posts: 9,686
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Man my property taxes are so much lower than those in cali, while my home is no shack and valued inbetween 3-400,000 my property taxes are 2200.00 a year. You guys in cali are getting hosed!! I guess thats one of the reasons why the city I live in has had a huge influx of cali natives move here in the last 6 or so years, our population has more than doubled since I started my construction biz. Now I know more
__________________
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11-19-2007, 01:36 PM
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#115
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Madness takes its toll. Please have exact change
Join Date: Jun 2005
Location: hmmmmm....
Posts: 822
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i'd still rather be an owner than a renter. as long as you weren't caught up in the frenzy a while back and bought a home for too much and now need to sell it at a loss, owning a home will pay dividends in the long run. paying money for rent gives you zippo in return, whereas a decent mortgage eventually will create equity, which is your house making money for you. plus, homeowners get to claim all the interest paid on their yearly income taxes.
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11-19-2007, 01:53 PM
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#116
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Kindly Asked To Leave
Join Date: Mar 2006
Location: Southern California
Posts: 13,793
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Quote:
Originally Posted by Davidian
Mornin' WEST SIDE!!!
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Mornin, Brotha, from anotha motha.......
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11-19-2007, 01:55 PM
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#117
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Yeah, I spend WAY too much time here!
Join Date: May 2006
Location: California
Posts: 11,311
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Quote:
Originally Posted by glassdancer
Mornin, Brotha, from anotha motha....... |
as far as you know. your mom might have kept some secrets. 
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11-20-2007, 04:22 AM
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#118
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Fantomah
Join Date: Sep 2006
Location: Seattle, WA
Posts: 6,216
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Quote:
Originally Posted by glassdancer
Mornin, Brotha, from anotha motha....... |
Quote:
Originally Posted by Merlose
as far as you know. your mom might have kept some secrets. |
Haha, you guys are funny. What up my bre's!?
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11-20-2007, 04:06 PM
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#119
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Rescue
Join Date: Dec 2005
Location: BAY AREA!!!
Posts: 15,955
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Quote:
Originally Posted by syzygy
i'd still rather be an owner than a renter. as long as you weren't caught up in the frenzy a while back and bought a home for too much and now need to sell it at a loss, owning a home will pay dividends in the long run. paying money for rent gives you zippo in return, whereas a decent mortgage eventually will create equity, which is your house making money for you. plus, homeowners get to claim all the interest paid on their yearly income taxes. |
Exactly. Timing is everything with property. Location is a major plus too. Example: I got one of my houses 3 & a half years ago & it cost me around $550K. Now it's at about $800K in one of the few counties that has property going up instead of down with our current market. My other home is in Vegas and we got that for close to $400K a year & a half ago. Now it's valued at around $385K. Even though our Vegas home is twice as large it hasn't appreciated like our CA home has. Food for thought....
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11-22-2007, 03:12 AM
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#120
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Fantomah
Join Date: Sep 2006
Location: Seattle, WA
Posts: 6,216
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So what's the West Side thankful for this year?
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