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SVTPerformance's Chain of Restaurants
Road Side Pub
Is it time to worry about the stock market?
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<blockquote data-quote="thomas91169" data-source="post: 16087818" data-attributes="member: 40530"><p>No its not.</p><p></p><p>You cannot find a house to buy in socal, especially SD, for under half a mil. That's a $3500 mortgage with tax/ins/etc. And its a ****ing shanty you'll be buying at that price.</p><p></p><p>I rent for $1k for a 650sf 1br. I can get a 2br luxury apt down the street for $2000 if/when we decide to upgrade. Still not a mortgage. You have to rent at some high end places to equal the cost of a mortgage payment.</p><p></p><p>Maybe if you were lucky enough to buy in the 80's/90's or 2008-2010 you are looking good mortgage wise. Everyone else, its like standing at the base of Everest and looking at the peak going "Who's climbing that? **** that"</p></blockquote><p></p>
[QUOTE="thomas91169, post: 16087818, member: 40530"] No its not. You cannot find a house to buy in socal, especially SD, for under half a mil. That's a $3500 mortgage with tax/ins/etc. And its a ****ing shanty you'll be buying at that price. I rent for $1k for a 650sf 1br. I can get a 2br luxury apt down the street for $2000 if/when we decide to upgrade. Still not a mortgage. You have to rent at some high end places to equal the cost of a mortgage payment. Maybe if you were lucky enough to buy in the 80's/90's or 2008-2010 you are looking good mortgage wise. Everyone else, its like standing at the base of Everest and looking at the peak going "Who's climbing that? **** that" [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Is it time to worry about the stock market?
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