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Old 11-19-2007, 03:44 AM   #111
glassdancer
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Yeah Cali is very, very expensive. Right now its definitely better to be a renter than a home owner.
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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Old 11-19-2007, 09:39 AM   #112
Davidian
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Yeah Cali is very, very expensive. Right now its definitely better to be a renter than a home owner.
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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Old 11-19-2007, 12:16 PM   #113
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Mornin' WEST SIDE!!!
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Old 11-19-2007, 12:40 PM   #114
ickwinzs
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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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Old 11-19-2007, 01:36 PM   #115
syzygy
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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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Old 11-19-2007, 01:53 PM   #116
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Mornin' WEST SIDE!!!
Mornin, Brotha, from anotha motha.......
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Old 11-19-2007, 01:55 PM   #117
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Mornin, Brotha, from anotha motha.......
as far as you know. your mom might have kept some secrets.
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Old 11-20-2007, 04:22 AM   #118
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Mornin, Brotha, from anotha motha.......
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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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Old 11-20-2007, 04:06 PM   #119
moon_knight1971
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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.
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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Old 11-22-2007, 03:12 AM   #120
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So what's the West Side thankful for this year?
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