Nissan 370Z Forum  

Buy a GTR or a House?

Originally Posted by tjlazer well the thing of it is, it's not like he is going out to spend big money and splurging on unneccessary things while only being on

Go Back   Nissan 370Z Forum > Nissan 370Z General Area > The Lounge (Off Topic)


 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 09-11-2011, 06:34 PM   #10 (permalink)
A True Z Fanatic
 
birdmanx1's Avatar
 
Join Date: Jun 2010
Location: Baltimore, MD
Age: 96
Posts: 3,175
Drives: 370z Nismo
Rep Power: 24
birdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond repute
Send a message via MSN to birdmanx1
Default

Quote:
Originally Posted by tjlazer View Post
well the thing of it is, it's not like he is going out to spend big money and splurging on unneccessary things while only being on the job for 3 months. He is getting a home. If he doesn't buy it he has to pay rent, so the not buying anything because he is only on the job for 3 months mentality isn't really valid. On a GT-R? Yes it is--big time. Like was said, now is a great time to buy! In 6 months or a year the prices and interest rates go go much higher. (hope they do I need my equity to go up!)
TJ, being on the job for only 3 months, should there be any layoffs or downsizing, there is no guarantee that the OP would retain his job (Not wishing this, but it happened to many in this current environment). I always laugh when people make the argument to "buy NOW, buy NOW, the interest rates will go up in 6 months", the same was said a few months ago; the same was said a year ago, the same was said 2 years ago, fact is the current interest rates are even lower Why should one risk losing emergency funds, retirement savings for the sake of saving up on interests?
Quote:
Originally Posted by tjlazer View Post
Sounds nice and all, but damn who actualy makes that much to keep their mortgage under 28% of their BIMONTHY income! (That's what you meant right? Never heard of getting paid twice a week unless... lol) Hell, if you can keep your mortgage with tax and insurance under your BIMONTHY pay check you are doing good!!!
My mortgage is under 28% of my biweekly income. By biweekly, I meant being paid every other friday (26 times a year) TJ It's nothing out of the ordinary when one keeps outflows low and automates saving early on - my brother-in-law has his house paid off in Fairfax and he is 33. My community has a lot of Ravens players and many neighbors have the "keeping up with the Joneses/Kardashians" mentality, $200,000 worth of cars in the driveway, no furniture in the house
__________________
370Z NISMO #0462 | ClearBra | 3M tint | Head/Taillights | Dynamat | Black Roof | Tommy Kaira HB | CF Parts | Berk HFCs | FI SS | NST Pulleys | Takeda aFe | K&N | H&R Spacers | Swift Spec R | SPC F&R | Zuperman M370
Nismo Vid | Nismo Journal | Nismo Rumble
birdmanx1 is offline   Reply With Quote
 

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
House MD Isamu Movies / Celebrity Gossip / Entertainment / Music 28 11-14-2011 10:48 PM
CarbonSignal in the house. CarbonSignal New Forum Member 34 01-26-2011 09:43 AM
scrap n da house scrap New Forum Member 53 05-31-2010 03:22 PM
AZ in the house... Slidefox New Forum Member 12 07-21-2009 12:06 AM
IPP in the house!!! Kyle(Houston) Importpartspro 0 02-18-2009 05:55 PM


All times are GMT -5. The time now is 03:06 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2