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Congrats on your new home and good for you. Your co-worker just seems to be very opinionated. You do what is best for you and be proud of your accomplishment.
red flag: a guy who is stable and is getting his s^*t together....yep this woman only wants to date men who dont know where they are going or what they are doing with their lives....
think you dodged a bullet with this girl, even if you were never planning to date her, you know now that you shouldnt waste your time.
to the nay sayers...even if when the guy gets married and still ownes this house, who is to say they would have to live there? how about it builds equity and they live there before they have kids and save up for their dream home. or they get a place together and rent this house out, or they sell it and start their lives together in the black...
i fail to see the bad in this situatioin
Congrats on your new home and good for you. Your co-worker just seems to be very opinionated. You do what is best for you and be proud of your accomplishment.
The co-worker sound like one of them ugly troll type people that try to drag others down.
I wasted money paying rent until my 40's. Now I'm living in my fourth house and I made a lot of money when I sold them. I only wish I would have had the sense to buy a house when I lived in Seattle for almost twenty years. I would have made a huge profit but I stupidly rented apartments for all of those years until prices were so high I couldn't even afford to buy anything. This slump we're going through isn't going to last forever and you're also a young guy who has many decades ahead of you. Buying a house when you're young is a very smart thing to do as long as you don't buy something that you really can't afford. If you rent you can expect to see the rent increased but once you buy a house that price is locked in and eventually you'll be paying much less on your mortgage than renters will be paying for a shabby apartment.
we have a 15 year loan for under 4%. The OP isn't stupid like most and is not buying a home for twice what it is worth as many did a few years back.
Lucking out doesn't make you any smarter! I also got out of the stock market when the going was good, but I don't pretend to be a genius because of that luck. Granted, I owe it to listening to people others don't and I wish I listened to them when I bought my house as well, but it was still good luck because nobody can predict when or what the FED will decide to pull the rug under.
I'm 25 and buying a decent little place this Spring no matter what...but I just about laughed my @ss off today when a coworker told me that this was a bad thing to do and that she personally would view it as a red flag, and would never date a guy in his twenties with a home/mortgage.
Whee, this thread is proof that the general public never gets it. And still, after the whole MBS and CDS crisis, a zillion bailouts....
Time to rethink on pumping and dumping some real estate stocks, LMAO. I wanna thank all homeowners, your relentless hard work is keeping my bonds and my bank account happy
Also, consider this. I remember looking at homes in Seattle in the early 80's in a very nice area of Queen Anne Hill which is close to downtown in a desireable area for about $60,000. Those homes would be worth at least $300,000 today and they're never going to have their value reduced to what they were back in those days. People tend to exaggerate the negative economic news as though it's going to last forever. The younger you are, the better it's going to be in the future in terms of owning a home.
Whee, this thread is proof that the general public never gets it. And still, after the whole MBS and CDS crisis, a zillion bailouts....
Time to rethink on pumping and dumping some real estate stocks, LMAO. I wanna thank all homeowners, your relentless hard work is keeping my bonds and my bank account happy
what you are talking about is banks lending money for homes people cant afford. that is not always the situation!!! some people are smart enough to buy small and at a price they can afford. some people i know even bought homes they could afford on one salary while both of them were working. we are not all idiots.
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