Re: OT: AARP

"Phyllis Nilsson" <phyllisnilsson@xxxxxxxxxxxxxxxxxxx> wrote in message
news:dqqdnQ-6MONNMmveRVn-uA@xxxxxxxxxxxxxxxxxxxxxx
I agree that it is the American Dream. Unfortunately, there are some folks
who can't afford that dream. Although I understand the reasoning, I do
thing it's a bad idea to buy a house with a mortgage so large it causes
hardship and can't be paid easily if one were to be come ill or unemployed.
When my son saved enough for a down payment, he bought a very modest house
that he could afford and still be able to buy groceries and whatever else
he felt a strong desire for. When I got laid off at the hospital, the
first thing he said to me is, "Mom, it isn't about not having enough money,
it's about priorities." He was right.

Still, though, you ignore the fact that a person has to live somewhere. Or
do you suggest that we should all live with our wealthier-than-we-are
parents until we save up a small fortune for a starter home?

The same forces that have driven the buying prices of houses up have also
driven the price of renting up.

I think the problem is that you simply have not experienced these
circumstances, and as a result can't relate to them.

Sandi


.

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