Go Back  Bike Forums > Bike Forums > Singlespeed & Fixed Gear
Reload this Page >

Anyone else too poor to buy a house?

Singlespeed & Fixed Gear "I still feel that variable gears are only for people over forty-five. Isn't it better to triumph by the strength of your muscles than by the artifice of a derailer? We are getting soft...As for me, give me a fixed gear!"-- Henri Desgrange (31 January 1865 - 16 August 1940)

Anyone else too poor to buy a house?

Old 01-18-08, 06:46 AM
  #26  
Aeroplane
jack of one or two trades
 
Aeroplane's Avatar
 
Join Date: Jun 2005
Location: Suburbia, CT
Posts: 5,637

Bikes: Old-ass gearie hardtail MTB, fix-converted Centurion LeMans commuter, SS hardtail monster MTB

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
My wife and I are still collecting funds for a down payment... probably won't get to the shopping phase for another year or so. It sucks, especially because we will occasionally browse real estate websites and see all kinds of awesome, inexpensive houses in great neighborhoods, and know we can't buy them because they will be sold by the time we can afford them.
Aeroplane is offline  
Old 01-18-08, 07:06 AM
  #27  
wroomwroomoops
Sir Fallalot
 
wroomwroomoops's Avatar
 
Join Date: Jul 2006
Location: Helsinki, Finland
Posts: 5,278
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by jussik View Post
well, the title of this thread was about people being too poor to buy a house and even if I own my apartment, I'm fo'sho too poor to buy a house (located even remotely near where I want to live) currently.

But remember what Pierre Proudhon said already in 1840: "Property is Theft"
Dear Comrade! I can't remember what I have never known
wroomwroomoops is offline  
Old 01-18-08, 08:28 AM
  #28  
bonechilling
Run What 'Ya Brung
 
bonechilling's Avatar
 
Join Date: Jun 2006
Posts: 5,694
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by humancongereel View Post
you have to remember, though, that if society does collpase, there will be few to enforce land ownership, and, say, yellowstone will be up for grabs.
Yeah, and if a meteor crashes into Earth and destroys man kind, your property will be worthless. Both are equally unlikely.
bonechilling is offline  
Old 01-18-08, 08:32 AM
  #29  
bonechilling
Run What 'Ya Brung
 
bonechilling's Avatar
 
Join Date: Jun 2006
Posts: 5,694
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by crtreedude View Post
Too early - prices are still high - wait a couple of years at least.
Exactly. Most sellers aren't ready to cut their losses yet. In two more years, housing prices should resemble more closely what they did in say 2002/2003 (adjusted for inflation).
bonechilling is offline  
Old 01-18-08, 08:52 AM
  #30  
save_alkaline
Senior Member
 
save_alkaline's Avatar
 
Join Date: Oct 2007
Location: cincinnasti, oh
Posts: 199

Bikes: Mercier Kilo TT

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
my goal was to own my 1st home by the time i was 24. i signed the papers the day after my 24th bday. that was cool and a very good accomplishment. however, i'm now 26 and boy do i wish i could have a do over. i mean home ownership is great and all but my house isn't worth what is was when i bought it cause the market sucks. property taxes are a *****.. there are lots of costs to home ownership. i wish i would have just rented or something. i would have a lot more money in my bank account, haha.

oh and i also have a bunch of student loans.
save_alkaline is offline  
Old 01-18-08, 09:06 AM
  #31  
AGGRO
Mistadobalina
 
AGGRO's Avatar
 
Join Date: Oct 2006
Location: Clairemont
Posts: 577

Bikes: Trek Speed Concept Flo wheelset

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Houses are money pits and you'll be working on it every week but at least I don't have a new apt neighbor every few months.
AGGRO is offline  
Old 01-18-08, 09:15 AM
  #32  
NitroPye
Guest
 
Posts: n/a
Mentioned: Post(s)
Tagged: Thread(s)
Quoted: Post(s)
Am I lame for wanting a house because I enjoy tinkering and fixing things?

I'm also sick of storing all my bikes and various other projects in a studio apartment. That and not being able to remove a head-set from a bike at 3am without waking up all the neighbors.
 
Old 01-18-08, 09:19 AM
  #33  
zelah
Banned
 
zelah's Avatar
 
Join Date: Mar 2005
Location: Portland
Posts: 2,536

Bikes: Mercier Kilo TT

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by humancongereel View Post
you have to remember, though, that if society does collpase, there will be few to enforce land ownership, and, say, yellowstone will be up for grabs.

tehz....we need to prepare.
i'm not sure if you're suggesting i either wait for the land to become free or buy a rifle.

i was leaning towards the rifle
zelah is offline  
Old 01-18-08, 09:22 AM
  #34  
zelah
Banned
 
zelah's Avatar
 
Join Date: Mar 2005
Location: Portland
Posts: 2,536

Bikes: Mercier Kilo TT

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by bonechilling View Post
Yeah, and if a meteor crashes into Earth and destroys man kind, your property will be worthless. Both are equally unlikely.
well a dinosaur-killeresque meteor may or may not hit human-filled earth.
civilization absolutely will collapse though, there really is no doubt about that.
zelah is offline  
Old 01-18-08, 09:27 AM
  #35  
NitroPye
Guest
 
Posts: n/a
Mentioned: Post(s)
Tagged: Thread(s)
Quoted: Post(s)
Well don't forget dinosaur's roamed the earth for a couple hundred million years. We've been around for barely that.
 
Old 01-18-08, 09:44 AM
  #36  
ryand
dutret has a posse
 
ryand's Avatar
 
Join Date: Jul 2006
Location: washington dc
Posts: 3,155

Bikes: IRO Angus 53, Marinoni Special 54, LMNO Custom Road Bike, Guerciotti TT, Late 60s Bottechia Road, Univega Via Montega beater/polo/rain bike.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I owe $98K in loans. (Actually more like 90 now)

I pay $700 a month in loan payments and $600 a month for rent/utilities.

I'm not sure I will ever own a house.
ryand is offline  
Old 01-18-08, 09:48 AM
  #37  
zelah
Banned
 
zelah's Avatar
 
Join Date: Mar 2005
Location: Portland
Posts: 2,536

Bikes: Mercier Kilo TT

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by NitroPye View Post
Well don't forget dinosaur's roamed the earth for a couple hundred million years. We've been around for barely that.
but dinosaurs didn't completely destroy their environments. in the last 6000 years we've gone from an animal who lived in balance with its environment to one that's completely destroyed and dominated anything we touch. humans might be around for a few hundred million years, but not in the capacity you know us now.
zelah is offline  
Old 01-18-08, 09:53 AM
  #38  
bonechilling
Run What 'Ya Brung
 
bonechilling's Avatar
 
Join Date: Jun 2006
Posts: 5,694
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by tehz View Post
well a dinosaur-killeresque meteor may or may not hit human-filled earth.
civilization absolutely will collapse though, there really is no doubt about that.
Individual societies come and go, but human civilization has been on the continuous forward march for 10,000 or so years, so there's no reason to suspect that it's going to collapse anytime in our future. All things will end, so yes, society will fail and humans will go extinct and the universe will continue to expand until all the energy is burnt out, but that's not a reason why you shouldn't buy property.
bonechilling is offline  
Old 01-18-08, 09:54 AM
  #39  
bonechilling
Run What 'Ya Brung
 
bonechilling's Avatar
 
Join Date: Jun 2006
Posts: 5,694
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by tehz View Post
but dinosaurs didn't completely destroy their environments. in the last 6000 years we've gone from an animal who lived in balance with its environment to one that's completely destroyed and dominated anything we touch. humans might be around for a few hundred million years, but not in the capacity you know us now.
Oh bull****. Just because you read Collapse, doesn't mean you can predict the ****ing future.
bonechilling is offline  
Old 01-18-08, 09:55 AM
  #40  
zelah
Banned
 
zelah's Avatar
 
Join Date: Mar 2005
Location: Portland
Posts: 2,536

Bikes: Mercier Kilo TT

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
my kids or grand kids are going to tell yours that i told you so
Originally Posted by bonechilling View Post
Oh bull****. Just because you read Collapse, doesn't mean you can predict the ****ing future.
i haven't read collapse, but its no stretch of the imagination to see how this **** can't keep going
zelah is offline  
Old 01-18-08, 10:01 AM
  #41  
NitroPye
Guest
 
Posts: n/a
Mentioned: Post(s)
Tagged: Thread(s)
Quoted: Post(s)
Originally Posted by tehz View Post
but dinosaurs didn't completely destroy their environments. in the last 6000 years we've gone from an animal who lived in balance with its environment to one that's completely destroyed and dominated anything we touch. humans might be around for a few hundred million years, but not in the capacity you know us now.
Actually they did. A lot of dinosaur and large reptile species led to their own demise because of overpopulation and in environments that couldn't sustain them.

Granted I think we are screwing things up at an accelerated rate but all of that in my opinion is growing pains. Over the last 100 years we've made such insane leaps and bounds that we haven't been able to properly handle all the side effects of the progression. I am in no way defending humanity and I do believe right now and maybe for a bit longer still things are seriously ****ed up.

I also believe that once we make it outside of earth humanity will come close to immortalizing itself in the universe. Nothing is static and planets and solar systems come and go so if we can learn to handle those comings and goings as a species we will go on longer then any species (that we know of) before us.
 
Old 01-18-08, 10:02 AM
  #42  
zelah
Banned
 
zelah's Avatar
 
Join Date: Mar 2005
Location: Portland
Posts: 2,536

Bikes: Mercier Kilo TT

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
O_o
zelah is offline  
Old 01-18-08, 10:13 AM
  #43  
Aeroplane
jack of one or two trades
 
Aeroplane's Avatar
 
Join Date: Jun 2005
Location: Suburbia, CT
Posts: 5,637

Bikes: Old-ass gearie hardtail MTB, fix-converted Centurion LeMans commuter, SS hardtail monster MTB

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Dinosaurs. Yes.
Aeroplane is offline  
Old 01-18-08, 10:26 AM
  #44  
raster
Heck yes.
 
raster's Avatar
 
Join Date: Jun 2007
Location: Phila-ila-delphia
Posts: 426

Bikes: Saint Tropez, Shogun

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
dinosaur thread, go!

raster is offline  
Old 01-18-08, 10:29 AM
  #45  
Oh No
TARCK BIKE DOT COM
 
Oh No's Avatar
 
Join Date: May 2007
Location: 610 tarck bike city
Posts: 1,018

Bikes: your mother on wheeeeeelz

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
i make 36 bucks a week.

lucky for me im 16 and still live at home. what do i answer?
Oh No is offline  
Old 01-18-08, 10:38 AM
  #46  
Psydotek
Body By Nintendo
 
Psydotek's Avatar
 
Join Date: Sep 2006
Location: Videogames ruined my life. Good thing i have 2 extra lives.
Posts: 3,187

Bikes: Giant TCR2, Giant TCX, IRO BFSSFG SE, Salsa Casseroll, IRO Rob Roy.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
If i could, i would buy a house. No school loans (paid off already), no car payment (also paid off), just a single monthly CC bill which i keep in check most of the time.

Southern California sucks for new home buyers (well, for most if you want to have a short commute) and most people consider my salary pretty damn good. It's not that i can't afford it, i'll just have ZERO money left for anything else...

A house would just mean i'd have alot more room to work on my bikes/computers/car. And i'd be able to get a dog and a cat.
__________________

Originally Posted by jsharr View Post
A girl once asked me to give her twelve inches and make it hurt. I had to make love to her 3 times and then punch her in the nose.
Psydotek is offline  
Old 01-18-08, 10:44 AM
  #47  
bexley
Senior Member
 
Join Date: Aug 2007
Location: the land of ice and snow
Posts: 999
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
A kibbutz for all!

(Only without that pesky state of Israel.)
bexley is offline  
Old 01-18-08, 10:45 AM
  #48  
queerpunk
aka mattio
 
queerpunk's Avatar
 
Join Date: May 2005
Posts: 6,502
Mentioned: 12 Post(s)
Tagged: 0 Thread(s)
Quoted: 304 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by humancongereel View Post
you have to remember, though, that if society does collpase, there will be few to enforce land ownership, and, say, yellowstone will be up for grabs.

tehz....we need to prepare.
the crash is coming, but it will be a slow-impact sort of thing. preparation will be much less an issue of "can you skin a squirrel using tools you make yourself?" and, i think, much more about "can you live in a house with several other people?" and "can you grow some of your own food?" and "how can you get cleanish water?"

anyhoo, to that effect, there's a really cool group that does radical urban sustainability trainings:
http://www.rhizomecollective.org/rust.html
queerpunk is offline  
Old 01-18-08, 10:46 AM
  #49  
gfrance
Senior Member
 
gfrance's Avatar
 
Join Date: Mar 2006
Location: New York City
Posts: 1,757
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by NitroPye View Post
Am I lame for wanting a house because I enjoy tinkering and fixing things?

I'm also sick of storing all my bikes and various other projects in a studio apartment. That and not being able to remove a head-set from a bike at 3am without waking up all the neighbors.
You'll love it then.

I worked non-stop on our old house for two years now. Started with no skills at all but learned a lot on the fly. Now I'm sick of it though, and want my time back.

Nothing like owning though. Yes, it ratchets up your responsibilities. And it brings on some amount of stress. Only do it if you can really, really afford it though. I'm fortunate in that way. It is a money pit for sure. But renting in NY is also a huge money pit. Just couldn't stand the thought of all the cash lining my landlord's pockets over the years.
gfrance is offline  
Old 01-18-08, 10:50 AM
  #50  
I Like Peeing
Senior Member
 
Join Date: Jun 2006
Location: Philadelphia
Posts: 849

Bikes: 1985 Pinarello Catena Lusso / 1983 Pinarello Montello / Raleigh Marathon / Camel Cigarettes conversion / 1957 Worksman cruiser / Puch 140 / Raleigh Grand Prix

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by jetbike View Post
**** yeah.

Buying a house is hard, renting a house is hard.

What's worse is all anyone wants to talk about in Sydney is property and prices.

US economy is heading for recession, so the Aussie'll follow suit (like it does on most trends). Then it'll get harder!

I'm buying a yurt.
A Yute? When I lived in Newcastle, that's all I wanted was a Yute and a board of my own... coming back soon!
I Like Peeing is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.