Re: OT: AARP

There are still many houses in this city, and many ther cities, that sell for far, far less than $100,000. Since you haven't seen the condition of this house, neither of us knows if mine is better or yours.

You may be right that I couldn't afford to buy this house today. It is totally unwise to buy what one cannot afford whether it is a house or a coffee pot.

Sandi, I'm not against anyone having anything they want. If they want it and can afford it, I'm all for it. If they buy it and can't afford it, then complain about the market, I feel no sympathy for them. They are he ones who make the market what it is by paying the price. They are part of the market and, in my opinion, part of the problem they are complaining about.

Sandi wrote:

Well, then, Phyllis, you have more house in better condition than I have. And my mortgage is not cheap. So I repeat my point that you don't understand what the market is like TODAY. If you went into the market TODAY, you couldn't have the house you have. What you did years ago is irrelevant. Even 10 years ago the market was not like this.


It is just a matter or priorities (which for us, doesn't include a huge mortgage payment, a brand new house, a brand new car, or the toys for grownups that lots of people thing of as being necessities of life.

LizzieB. wrote:


If you would, please, define your "nicer neighborhood," because I don't have a basis for comparison.

Also, "nicer car," because I'm fully in support of a car that runs.

Domestic help? Is your "nicer car" and "nicer neighborhood" on the order of "domestic help" (that is not in the context of profitability margins)? I can totally see your point if your nicer house and car are in a neighborhood where one would expect people to have domestic help.

But we're not talking about that.

This is a house 1 block down the street from me that has been on the market for almost a year now (note the price): http://tinyurl.com/awyvl

This is my house (bought for almost exactly half the price): http://tinyurl.com/7suy5

Now, in a rare reversal of events, the first house is typical of what sells here and for what price (although I can't really say why this one hasn't) and MY house is the one that (typical for this area) should have stayed on the market for a year (but I hate the idea of being house rich and cash poor[1]).

If your definition comes close to that first house I linked, then I can really see your point (and agree), but until we define what's "nicer" to everybody, then we have no basis for debate on the specifics.



[1]When I was delivering pizza at the tender age of 20 for one of my dad's bizarre PI assignments, I saw this a lot. I'd go to the neighborhoods with the million-dollar homes (and Beemers in the drive) and they'd have no furniture, and no cash to tip me with. I thought that was just about as pathetic as any rust-ridden tin-roofed SE Kansas coal-mining shack I'd ever seen.



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