What percentage of 370z owners own a house?

gatorfast · 06-28-2009, 12:26 PM

Quote:

Originally Posted by XenChi

*cough-B.S.-cough*

Plain and simple a home is a liability until it is finally sold. Purchase assets, and limit your financial exposure to liabilities and you will achieve wealth. Take your time plan and your moves wisely. When you have saved enough money for a substantial down-payment on a home get a consultation with Goldman Sachs and then decide what's truly best for you. You may be surprised.

Rich dad poor dad?

XenChi · 06-28-2009, 07:30 PM

Quote:

Originally Posted by gatorfast

Rich dad poor dad?

Good Reading. It was our first assignment in rudimentary economics. Life altering...... no. But nonetheless very insightful.

XenChi · 06-28-2009, 07:36 PM

Quote:

Originally Posted by antennahead

Well you just go right ahead and rent then..............

If only you knew......

XenChi · 06-28-2009, 07:41 PM

Quote:

Originally Posted by antennahead

Stop, he went to Georgetown University

Is someone upset that my scholastic penis is bigger than his?

zZSportZz · 06-28-2009, 07:42 PM

My rent is probably more than most people's mortgage but I still cant buy. I work for a Department of Defense contractor, and with Obama's plan to get rid of as many contractors as possible and hire government employees, I don't feel comfortable buying until the situation become more stable. I was already looking at houses before his plan became public knowledge. I've put that on hold

Its easy to ditch a rental....a lot harder to ditch a house...especially in this market.

On one hand, I'm pissing away money in a rental every month. On the other hand, I can potentially jeopardize my entire future and never own a home....tough decision.

Edit: Not to mention, my Z is my only car and my daily driver. Sold the Titan to start saving even more.

antennahead · 06-28-2009, 07:47 PM

Quote:

Originally Posted by XenChi

If only you knew......

You assume I don't know. Your argument holds water only if a person doesn't have to rent and can live free, also assuming they will be happy in an apartment or dwelling that is a rental, also assuming that "free" isn't something nice provided by a wealthy family. The monthly rent gets you nothing but a roof over your head, there is no asset. While one can argue the appreciating value of real estate relative to the dollar over time, if you have to pay for a roof over your head, I still assert you are better off to buy something at the same monthly outlay that you would pay for rent. Of course if interest rates are in double digit figures, that argument changes as well.

John

antennahead · 06-28-2009, 07:49 PM

Quote:

Originally Posted by XenChi

Is someone upset that my scholastic penis is bigger than his?

I have a Master's from UGA, it's all relative........ and no, my ego is intact, your G'town doesn't bother me, I'll sleep just fine tonight

John

XenChi · 06-28-2009, 07:55 PM

Quote:

Originally Posted by antennahead

I have a Master's from UGA, it's all relative........ and no, my ego is intact, your G'town doesn't bother me, I'll sleep just fine tonight

John

So now we get to the heart of the matter. This is all about the Bulldog you stole!

antennahead · 06-28-2009, 07:57 PM

Quote:

Originally Posted by XenChi

So now we get to the heart of the matter. This is all about the Bulldog you stole!

Oh hell no, I really don't care. I actually pull for the Gamecocks............. you know, the "wait until next year" Gamecocks

John

XenChi · 06-28-2009, 08:23 PM

Quote:

Originally Posted by antennahead

Oh hell no, I really don't care. I actually pull for the Gamecocks............. you know, the "wait until next year" Gamecocks

John

Yes I believe I do.

BrokenVow · 06-28-2009, 08:24 PM

I rent. But I also don't own a 370z. I love the area I'm in but it takes over half a million to get home here and small studio or 1 bedroom condos are 200k+ for about 500sq ft. And I'm not sure about the resale value of small condos. Plus, I'd rather have my 1000 square feet.

Though, we've recently been discussing moving a few miles off the water and getting a house in another business district. No more long walks down to the waterfront and the quaint, picturesque old downtown area. But I guess maybe for our age it's better to build the equity.

BMW Killa · 06-28-2009, 08:28 PM

I'm totally going to get flamed for this, but if you live with your parents but drive a $30K car, you may need to examine your priorities.

bigaudiofanat · 06-28-2009, 08:55 PM

I live with my parents but I am also unemployed and going to college. I do not own one yet but soon I will.

zZSportZz · 06-28-2009, 08:58 PM

Quote:

Originally Posted by BMW Killa

I'm totally going to get flamed for this, but if you live with your parents but drive a $30K car, you may need to examine your priorities.

With the amount of $$ I hemorrhage each month just to live in this area, I would gladly move in with the folks if it was free (and they lived in the area) and allowed me to invest instead. I have nothing against that.

frost · 06-28-2009, 09:04 PM

Quote:

Originally Posted by zZSportZz

With the amount of $$ I hemorrhage each month just to live in this area, I would gladly move in with the folks if it was free (and they lived in the area) and allowed me to invest instead. I have nothing against that.

Moving in with your parents to invest is one thing, buying a $30K loss is another. Probably depends on the circumstances.

View Poll Results: Do you own a house?
Yes I own a house	185	72.55%
No I rent	38	14.90%
I live with my parents	32	12.55%
Voters: 255. You may not vote on this poll

06-28-2009, 07:42 PM	#65 (permalink)
zZSportZz A True Z Fanatic Join Date: Mar 2009 Location: Maryland Posts: 1,095 Drives: 370z Blk on Blk 6MT Rep Power: 18	My rent is probably more than most people's mortgage but I still cant buy. I work for a Department of Defense contractor, and with Obama's plan to get rid of as many contractors as possible and hire government employees, I don't feel comfortable buying until the situation become more stable. I was already looking at houses before his plan became public knowledge. I've put that on hold Its easy to ditch a rental....a lot harder to ditch a house...especially in this market. On one hand, I'm pissing away money in a rental every month. On the other hand, I can potentially jeopardize my entire future and never own a home....tough decision. Edit: Not to mention, my Z is my only car and my daily driver. Sold the Titan to start saving even more. Last edited by zZSportZz; 06-28-2009 at 07:58 PM.

06-28-2009, 08:55 PM	#73 (permalink)
bigaudiofanat Car Audio Installer Join Date: Jun 2009 Location: Magnolia DE Posts: 8,342 Drives: 2012 Infiniti G37x Rep Power: 853	I live with my parents but I am also unemployed and going to college. I do not own one yet but soon I will. __________________ Need help with car audio or electronics? Let me know!! Need Help Let Me Know Direct email address reimermatt@gmail.com Owner of: Dynamic Mobile Audio Follow me below https://www.facebook.com/Dynamicmobileaudio/

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06-28-2009, 08:24 PM	#71 (permalink)
BrokenVow Base Member Join Date: Feb 2009 Location: Tacoma, Wa Posts: 37 Drives: 2004 Volvo S60R 6MT Rep Power: 16	I rent. But I also don't own a 370z. I love the area I'm in but it takes over half a million to get home here and small studio or 1 bedroom condos are 200k+ for about 500sq ft. And I'm not sure about the resale value of small condos. Plus, I'd rather have my 1000 square feet. Though, we've recently been discussing moving a few miles off the water and getting a house in another business district. No more long walks down to the waterfront and the quaint, picturesque old downtown area. But I guess maybe for our age it's better to build the equity.

06-28-2009, 08:28 PM	#72 (permalink)
BMW Killa Enthusiast Member Join Date: Jan 2009 Location: FL Posts: 287 Drives: neezmo Rep Power: 188	I'm totally going to get flamed for this, but if you live with your parents but drive a $30K car, you may need to examine your priorities.