Quote:
Originally Posted by vaylorie
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Thanks for the assumptions
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Let's play a game around assumptions here, shall we. One of the following statements is correct about the other. Can you guess which?
Quote:
Originally Posted by vaylorie
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not everyone wants to live in their parents basement.
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Quote:
Originally Posted by Samoht
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You're probably in debt up to your eyeballs because of it
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Hint:
Quote:
Originally Posted by vaylorie
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my homes current fair-market value is 365K, I owe probably 295K
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Ouch. Now let's talk about perspective.
Quote:
Originally Posted by vaylorie
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Come back when you have some perspective and can discuss being a 'slave to the big banks'...
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You obviously work because you have to, not because you want to. That makes you a slave. On the other hand, I've realized the farce of the American housing market and rent from an individual without any kind of lease or contract. If I each of us were to try to leave our homes in the next 5 years, I would come out no worse, and you would have a hell of a time getting anywhere near the "fair market value" in this economy.
Quote:
Originally Posted by vaylorie
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how much equity do you have in your parents basement?
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While we're waving dicks: I'm younger than 30, drive a sports car that I ordered brand new from the manufacturer less than 5 years ago...
Quote:
Originally Posted by vaylorie
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I bought after the market went down and got a 4% loan due to having established loan history (based on your previous comments you don't understand this either)
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...and work as a team lead for the largest financial firm in America. I currently have 3 people working directly under me, and a requisition to get a contractor as a fourth. I have zero fiscal responsibilities; zero debt.
If I wanted to drop my life and live in luxury in a foreign country, I could. You couldn't even afford to leave your house, haha. Fortunately for me, I like Texas. I'm living where I want to live, working because I want to work.
That's why you're a slave to the institution.
And despite all of that, I'm still capable of realizing a travesty when I see one. So while you gloat about your $2100 a month rent payment (I seriously hope you're not saving 1.5k a month instead of putting it towards the principal on that loan, the 0.05% interest rate your bank is paying you is considerably less than the interest rate on your mortgage), I know that that's more payment than any red-blooded American ever needs to get by. That must be your problem. You seem disconnected from the common man. Disconnected from reality. It's definitely not the norm for the common American to waste that much on a house.