1. I did not rush into this purchase as a last minute emotional purchase. My wife and I have been waiting YEARS to buy. We did not feel market conditions were good for purchase until recently.
2. This house is already 10-20% down compared to what I think it would have sold for a year ago.
3. I don't think we are going to see the sort of "steep declines" you are talking about.
4. I intend to be here for 10 years plus. The market can go up and down, I don't care.
5. I can easily afford this house. I make extra mortgage payments, I'm saving money every week, and I could still afford to buy a nice laptop last month, and an ipad this month.
6. People have been waiting for a crash for ages. What if I wait another year and it doesn't happen? and then I wait another year? or another? fuck that. I needed a decent sized place now. I wanted stability for my family. Now I have it.
The fact is, I wanted a place, I needed a bigger place, and financially it made sense for me.
I suggest you take your arrogant, self-righteous attitude and piss off.
Well done you. There's every possibility the bottom is in and you bought at an almost perfect time, too. No-one has a crystal ball here.
i have a crystal ball you can rent it for $500 per week, no guarentees it willwork for you
It’s not getting any smarter out there. You have to come to terms with stupidity, and make it work for you - Frank Zappa
6. People have been waiting for a crash for ages. What if I wait another year and it doesn't happen? and then I wait another year? or another? fuck that. I needed a decent sized place now. I wanted stability for my family. Now I have it.
The years left in your life always depreciate faster than the market can.
When I bought my first place, I used to get up 2 hours earlier than I had to just to be able to sit on my own balcony and watch the sun come up. I felt like I owned the dawn rather than just rented it. Call that emotional, but it was worth money to me. (Even if the dawn really belonged to Suncorp. )
The truth will set you free. But first, it will piss you off. --Gloria Steinem AREPS™
6. People have been waiting for a crash for ages. What if I wait another year and it doesn't happen? and then I wait another year? or another? fuck that. I needed a decent sized place now. I wanted stability for my family. Now I have it.
The years left in your life always depreciate faster than the market can.
When I bought my first place, I used to get up 2 hours earlier than I had to just to be able to sit on my own balcony and watch the sun come up. I felt like I owned the dawn rather than just rented it. Call that emotional, but it was worth money to me. (Even if the dawn really belonged to Suncorp. )
I certainly own the rain that's dripping through my broken tile. I'd fix it myself, but I hate getting up on the roof.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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