U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: City Home Versus Apt
city home 3 33.33%
apartment 0 0%
just commute 6 66.67%
Voters: 9. You may not vote on this poll

Reply Start New Thread
 
Old 04-19-2015, 09:52 PM
 
178 posts, read 311,158 times
Reputation: 129

Advertisements

coworker has a home in one side of the metro area, and has a 40 min commute to work. they are considering buying a "city-home" during the week closer to work to circumvent the daily drive. i purposed maybe an apartment, but they see otherwise, because of the option to rent one of the properties out in the future. what would be the most economical and logical option, and or other options for this person?
Reply With Quote Quick reply to this message

 
Old 04-20-2015, 06:55 AM
 
178 posts, read 311,158 times
Reputation: 129
poll posted, please reply. thanks
Reply With Quote Quick reply to this message
 
Old 04-20-2015, 04:57 PM
 
1,953 posts, read 2,224,084 times
Reputation: 1451
40 mins isn't that bad for Atlanta standards, so do the commute.
Frankly I find having a 2nd mortgage just for this reason a scary proposition. Why pay the extra taxes and maintenance. What happens in the event of layoffs. How do you fund retirement.
If its that bothersome sell the house in the burbs and rent or buy something close to work.
Reply With Quote Quick reply to this message
 
Old 04-20-2015, 05:06 PM
 
Location: North Carolina for now....ATL soon.
1,235 posts, read 1,042,535 times
Reputation: 1303
Took the words right out of my mouth. I second this ^^^^^!
Reply With Quote Quick reply to this message
 
Old 04-20-2015, 05:22 PM
 
Location: Atlanta, GA
696 posts, read 1,120,759 times
Reputation: 584
I voted "just commute", like DaBurgh pointed out 40 min each way is not significant enough to justify a second mortgage unless the friend in question is fairly rich/well-paid and can afford to do that without putting a major dent in savings...
Reply With Quote Quick reply to this message
 
Old 04-20-2015, 05:23 PM
 
2,374 posts, read 3,728,313 times
Reputation: 1582
40 minutes does not justify a second mortgage - commute.

2nd mortgage on a potential rental property is very dependent on your financial situation - can't make a blanket call on that one.
Reply With Quote Quick reply to this message
 
Old 04-20-2015, 07:14 PM
 
1,366 posts, read 1,104,439 times
Reputation: 2164
Just commute. 40 minutes is not that bad in a major metro like ATL. Tell 'em to come drive thru the DC area's metro during rush hour. They'll learn to appreciate that 40 mins.
Reply With Quote Quick reply to this message
 
Old 04-21-2015, 03:59 PM
 
Location: Atlanta
2,860 posts, read 2,803,869 times
Reputation: 1437
Quote:
Originally Posted by thrudaluknglass View Post
coworker has a home in one side of the metro area, and has a 40 min commute to work. they are considering buying a "city-home" during the week closer to work to circumvent the daily drive. i purposed maybe an apartment, but they see otherwise, because of the option to rent one of the properties out in the future. what would be the most economical and logical option, and or other options for this person?
First of all, 40 minutes is not a long commute in ATL. If they are happy where they are, then they should just be OK with it.

It sounds like the main question is to buy or rent? Well, it depends on the housing market which seems to be pretty buyer-friendly right now. Otherwise, it is better to rent for a bit until they determine where they'd like to set down roots in the area. Sometimes you can't know what you need to know about how you feel about a place until you actually live there.
Reply With Quote Quick reply to this message
 
Old 04-21-2015, 05:27 PM
 
6,611 posts, read 6,897,748 times
Reputation: 4076
A 40 minute commute would drive me insane, so it depends on the person. But I wouldn't have 2 places - I would just move closer to work.
Reply With Quote Quick reply to this message
 
Old 04-21-2015, 07:25 PM
 
Location: Ono Island, Orange Beach, AL
10,008 posts, read 9,290,288 times
Reputation: 5625
If you have the change, do what makes life more pleasant. If you don't, then simply commute.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top