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Anyone else too poor to buy a house?

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Old 01-18-08, 01:02 AM
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Anyone else too poor to buy a house?

and owe on student loans and then some?

Just want to make sure I'm not the only one!

<3

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Old 01-18-08, 01:06 AM
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in the next 5ish years i'm trying to buy at least some land. maybe a house on it too, nothing big. as much land as possible though.

i'm trying to get ahead of the curve on this rewild ****
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Old 01-18-08, 01:22 AM
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i got another 2 years of undergrad (5 in total) and then law school ahead of me, so about 100k in student loans im looking at...yipee....
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Old 01-18-08, 01:25 AM
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**** 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.
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Old 01-18-08, 01:45 AM
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yeah, i don't even have an apartment right now.

i had a convo with another messenger here about home ownership and we agreed we were both against it because that is an act that catapults you immediately from the proletariat to the bourgouisie, and as such, your whole life, and your world view change. **** that. the example was a c-bus graf artist who bought a house and now leads an anti-graffitti campaign. an extreme change, but an example of how feeling as though you have something to lose causes you to join mainstream sensibilities and be protective of "yours".
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Old 01-18-08, 01:56 AM
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I owned a house for a minute. it's sweet and it doesn't have to change you life view. It can, but you can still be the same...in fact, no one can yell at you if you pass out in your own yard. Har Har

Next house in about 2 years....I start working for the man on Wednesday, and for better or worse, it the best way to do the things that I want. My new frame and sewing machine will not be donated as far as I know.

Best of luck terror....but you might have to move east....just not too far east.
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Old 01-18-08, 01:58 AM
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Originally Posted by tehz
in the next 5ish years i'm trying to buy at least some land. maybe a house on it too, nothing big. as much land as possible though.

i'm trying to get ahead of the curve on this rewild ****
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.
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Old 01-18-08, 01:59 AM
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after i win the publishers clearing house sweepstakes i'll buy one. and maybe 3 horses.
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Old 01-18-08, 02:00 AM
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41 yo and still paying off my student loans but hopefully this will end by 2009 THEN I can start saving up for a house.... maybe I can get one before I die... maybe not.
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Old 01-18-08, 02:25 AM
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I live in ****ing Seattle. For that and many other reasons I do not expect to be buying a house anytime soon.

I have nothing against home ownership though. If I could afford a place within a reasonable biking distance from civilization I would totally do it. I'm pretty sure it would not turn me into an ***hole. I would treat it as a chance to decide what material crap is actually important and get rid of everything that isn't. When you rent you just keep moving stuff around without ever having a place to actually put it.
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Old 01-18-08, 03:12 AM
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Originally Posted by humancongereel
that is an act that catapults you immediately from the proletariat to the bourgouisie, and as such, your whole life, and your world view change. **** that.

the example was a c-bus graf artist who bought a house and now leads an anti-graffitti campaign. an extreme change, but an example of how feeling as though you have something to lose causes you to join mainstream sensibilities and be protective of "yours".
Your example about c-bus tells me two things:

1.) that dude might be actually deranged, such extreme changes in his persona/behaviour are obviously not 'normal', whatever that means.

2.) that's also called "actually giving a ****" and respecting other people's property, or does he still goes to paint in the middle of the night in a different 'hood than his own?

But sure, you are right, by becoming a home-owner instead of a renter, you do become member of the owner-class, in rather antiquated political leftist terms and rhetoric. but becoming 'bourgeois'? that's about much more than just being a slave to a bank and a mortgage, like most normal people are.

and since everyone still needs to live somewhere, isn't it better to pay your rent money to yourself instead of to someone else (ie. 'evil capitalist landlord')? and yes, I own an apartment with my gf and I'm pretty happy about that.
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Old 01-18-08, 03:24 AM
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Originally Posted by jussik
1.) that dude might be actually deranged, such extreme changes in his persona/behaviour are obviously not 'normal', whatever that means.
Nah. This kind of thing happens all the time. Perfectly normal. Remember the straightedge thread?
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Old 01-18-08, 03:28 AM
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well, you might be right. I stand corrected now that I think about all those people. We used to have them here too.
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Old 01-18-08, 03:32 AM
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Just a quick comment - you might hold off buying a house for a few years until you see prices starting to go up again. The estimate is something between 2 to 5 years. Otherwise, you will have a loan on something that is decreasing in value - not a fun thing at all.
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Old 01-18-08, 03:36 AM
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Originally Posted by jussik
But sure, you are right, by becoming a home-owner instead of a renter, you do become member of the owner-class, in rather antiquated political leftist terms and rhetoric. but becoming 'bourgeois'? that's about much more than just being a slave to a bank and a mortgage, like most normal people are.
In theory you're right, but material things do have a way of bringing out the worst in people.

Originally Posted by jussik
and since everyone still needs to live somewhere, isn't it better to pay your rent money to yourself instead of to someone else (ie. 'evil capitalist landlord')? and yes, I own an apartment with my gf and I'm pretty happy about that.
It depends on the quality of life you see as a result.
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Old 01-18-08, 03:48 AM
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well, I'm doing currently a PhD in social sciences so I could go on and on about definitions of these terms and all that but let's leave it here.

also, I don't know if that is the case in US but at least here in Europe there's a huge difference in owning an apartment and owning a house in any metro area, and that difference is the price. so basically, owning a house you need to have lot of money and/or very high income, which probably says something about your lifestyle and personal values, political standpoint and so on.
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Old 01-18-08, 04:15 AM
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What's so important about buying a house?

If you're doing it for financial reasons or investment purposes (in most markets); I think you're misguided.

If you're doing it because you want to be "your own boss" and you're willing to pay the premium for it, then I'll bite.

In the majority of situations you're better off renting and then socking away any extra money in a variety of other financial products...

I'm talking about buying a house to live in of course, not investment properties (that you don't live in).
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Old 01-18-08, 05:09 AM
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i owned a house for several years but was struggling to handle all of the upkeep and expenses once i became a single parent. i was fortunate that the remodeling work and housing market made the value of the home more than double by the time i was looking to sell it. i rent now... it's just a place to rest and recover--somewhere to store the crap not important enough to carry with us at all times. my gf has her own house and rents two rooms to help make ends meet. she doesn't mind the company, and hates to live alone, but i can't stand having other people around who aren't *my* people, so i'd rather rent.
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Old 01-18-08, 05:17 AM
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I thought it's a good time for property buyers right now, in the USA. There's a surplus of houses and apartements on the market, they should be dirt cheap.
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Old 01-18-08, 05:51 AM
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Originally Posted by wroomwroomoops
I thought it's a good time for property buyers right now, in the USA. There's a surplus of houses and apartements on the market, they should be dirt cheap.
Too early - prices are still high - wait a couple of years at least.
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Old 01-18-08, 06:00 AM
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Edit: moved to other house thread
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Old 01-18-08, 06:12 AM
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Anyway, what's this obsession with having a house? I saw the other thread - and nobody seems to fathom the concept of apartement. You know, the cheaper, much more practical from transportation point of view-thingy? Ever heard of apartments? We have them in Europe, maybe they exist in Canada and the USA?
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Old 01-18-08, 06:21 AM
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Originally Posted by humancongereel
yeah, i don't even have an apartment right now.

i had a convo with another messenger here about home ownership and we agreed we were both against it because that is an act that catapults you immediately from the proletariat to the bourgouisie, and as such, your whole life, and your world view change. **** that. the example was a c-bus graf artist who bought a house and now leads an anti-graffitti campaign. an extreme change, but an example of how feeling as though you have something to lose causes you to join mainstream sensibilities and be protective of "yours".
That's pretty funny. There are plenty of fat cat$ bourgeoisie that don't own houses, look around NYC. In reality it seems to me you are saying that you don't have the will power to stand up for what you believe in if purchasing something would cause you to change your world view. I'm not going to argue this back and worth on this thread, in fact I'm getting ready to head out and ride my bike. I'm just saying think a little deeper on this.

Are you protective of "your" bike? Do you lock it up?

Read this before it goes into the archives, written by a fellow biker.
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Old 01-18-08, 06:32 AM
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Originally Posted by humancongereel
yeah, i don't even have an apartment right now.

i had a convo with another messenger here about home ownership and we agreed we were both against it because that is an act that catapults you immediately from the proletariat to the bourgouisie, and as such, your whole life, and your world view change. **** that. the example was a c-bus graf artist who bought a house and now leads an anti-graffitti campaign. an extreme change, but an example of how feeling as though you have something to lose causes you to join mainstream sensibilities and be protective of "yours".
I purchased my house a few years back. Its cheaper than rent, and I get it back plus some when I'm done. And I am the master of my domain. It's quite awesome until the roof leaks.

There are many ways to lynch the landlord. You may be on to one method, I another.
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Old 01-18-08, 06:44 AM
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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"
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