A harvard classics 1909 edition in excellent condition for less than a dollar a book. *Lust*. Assuming this auction goes the way I want it to, I may need another bookcase
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Home prices haven't bottomed out yet, according to some stuff I've read on The Consumerist and Get Rich Slowly, so renting isn't necessarily the dumb option. However, if you have the assets, the income, and the credit score, this kind of environment makes buying a home an excellent investment. Generally speaking, it can only go up in value from here, but the appreciation will be slow. This is how it's supposed to be. You buy a home to have a place to live in for some period of years, and when you sell it, if you make any profit at all, then you've had a free place to live over the years.
As to maintenance, you can buy into a neighborhood with a homeowners association that takes care of maintenance stuff for you, for a fee. Or you can do it yourself, save money, and use up time. Depends on which you have more of.
Ehh...except those neighborhoods tend to be cheaply built characterless homes with no yards in this area. S'pose that is because this area is (or was!) growing so fast and the neighborhoods are (were!) going up quick.
Give me a nice older home a bit away from town in a few years. In the meantime, financially and physically speaking, I'm pretty satisfied.
I know exactly what you mean. If I didn't have the migraines, I'd much rather do the yard work myself and be able to have some say in things than live in some fractal condo development. Give me a nice craftsman/arts-and-crafts house (maybe a Tudor-inspired one) in a neighborhood with huge trees lining the streets and a nice back yard, and I'm a happy camper. Especially if it's in a quiet neighborhood with a really convenient location. I'm specifically thinking of a few streets up in Asheville when I describe all of this.
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However, if you have the assets, the income, and the credit score, this kind of environment makes buying a home an excellent investment. Generally speaking, it can only go up in value from here, but the appreciation will be slow. This is how it's supposed to be. You buy a home to have a place to live in for some period of years, and when you sell it, if you make any profit at all, then you've had a free place to live over the years.
As to maintenance, you can buy into a neighborhood with a homeowners association that takes care of maintenance stuff for you, for a fee. Or you can do it yourself, save money, and use up time. Depends on which you have more of.
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Give me a nice older home a bit away from town in a few years. In the meantime, financially and physically speaking, I'm pretty satisfied.
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I'm specifically thinking of a few streets up in Asheville when I describe all of this.
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Of course, he/she could be a rapist who uses booksets to lure unsuspecting geek girls.
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