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02-02-2009, 04:33 PM
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#41
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 2,844
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Right now the government is about to pass some incentives for purchasing homes, so I think the rent vs buy arguement may skew towards buy. Republicans I see want to make 4 percent mortgages available; that may make a condo purchase a far better value when implemented. I imagine there will be some pretty dramatic inovations available in the coming months courtesy of the Feds
Senators push for more housing help in stimulus - Feb. 1, 2009
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But then what do I really know?
https://www.early-retirement.org/forums/f44/why-i-believe-we-are-about-to-embark-on-a-historic-bull-market-run-101268.html
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02-02-2009, 04:53 PM
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#42
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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 Quote:
Originally Posted by Moemg
If I sold this house I would like to try renting for awhile on Anna Marie Island . I 've always wanted to live where I could walk to the beach but I have no interest in owning there . Prices are too high and insurance & property Taxes are insane .
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Please can I be your roomie?
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No more lawyer stuff, no more political stuff, so no more CYA
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02-02-2009, 05:28 PM
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#43
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Quote:
Originally Posted by Martha
Please can I be your roomie?
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I have a roomie but you can visit a lot !
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02-03-2009, 04:27 AM
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#44
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,635
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Quote:
Originally Posted by Running_Man
Right now the government is about to pass some incentives for purchasing homes, so I think the rent vs buy arguement may skew towards buy. Republicans I see want to make 4 percent mortgages available; that may make a condo purchase a far better value when implemented. I imagine there will be some pretty dramatic inovations available in the coming months courtesy of the Feds
Senators push for more housing help in stimulus - Feb. 1, 2009 |
Wonder if this passes we will be hearing "here we go again"?
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Vietnam Veteran, CW4 USA, Retired 1979
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02-03-2009, 09:39 AM
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#45
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,113
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What got us into this fix was 'creative' lending. Many borrowers were inexperienced and didn't know the terms of the loan.
If the availability of the mortgage required the borrower to attend (and pass) a couple classes about purchasing and maintaining a home and the mortgage was at a fixed rate I don't think we will revisit the mortgage mess.
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Duck bjorn.
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02-03-2009, 09:39 AM
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#46
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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We own our winter place and rent our summer place. Strictly a matter of market conditions in each place. We sublet our summer place in the winter.
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For the fun of it...Keith
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