Yeah I can only imagine how much Pimpdogg lost on the Vegas condo, which is why he was back on the adult forums last year looking for a job. He owned a tattoo parlor, not sure if its still in business.

Here's an idea.. just a brainfart... probably makes no sense to many but..

Why not just buy a house because you want to live in it and raise your family, etc and because it's the one you can afford in the long term.

My oh my that would save so many people losing their asses.

I NEVER understood why anyone would need a house that costs up to 50% of their income. So many do now.

Keep in mind, my geographical location has low cost of living and low wages but there are 1000's of great sub-100k homes up for grabs that are more than adequate for new families to buy, live comfortably and add onto over the years as their family grows, moves out and brings the grand-kids back for family soirees.

Nowadays though, they're all still sitting on the market while brand new constructions worth over 250k keep going up on the market and being sold quickly.. ten resold.. and resold.. and resold again and again as everyone looses their asses on them. Everyone wants instant-awesome. Nobody is willing to be responsible and do things the smart way.

This is why the home market and economy all across North America is a complete fucking mess. Everyone wants to buy what they cant afford and ends up needing to make up for it by buying in the walmartz. Hence economy going overseas and the economies here dying.


There is nothing wrong with buying a house, yesterday, today or tomorrow. SO saying it's not a good idea to buy a house is just horseshit. Be responsible.. if she buys what she only needs and can grow upon it in years to come.. then what's the big deal? Or is she a princess and wants instant-perfect-awesome right away?

Just last year we almost bought a house with land for 10k. It wasn't much to look at.. trust me.. but after 15 years of upgrades buying this and that over time.. it would have been 100x better of a house than what we could have bought with all the money invested into upgrades up front instead.

The house is only worth less if you sell it. My guess is they are looking for a house to live in, not as a short term investment. It is always better to own, then to rent most of the time. If u are concerned about divorce, put it in her name and co-sign. My :2 cents:

Even Mark Zuckerberg rents his house

He can afford to piss away money. :)

Owning a house is never cheap but who wants to rent and not be sure of how long you can rent? What if you have to move out after a year from your dream home?

I own my house in Toronto. I bought it in 2009 for $320,000, I just had it appraised and can sell it for $405,000. Buying a house was not a bad idea for me lol

Orly?


The Facebook Inc. (FB) founder refinanced a $5.95 million mortgage on his Palo Alto, California, home with a 30-year adjustable-rate loan starting at 1.05 percent, according to public records for the property.

http://www.bloomberg.com/news/2012-0...mortgages.html

it is a good time to buy, over time she will look pretty smart:2 cents: DO IT :thumbsup

but you're talking florida. real estate got hit very hard there. Use states that werent hit that hard & crunch the same numbers.
ds