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Politics : Formerly About Advanced Micro Devices
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To: pgerassi who wrote (115203)6/9/2000 4:09:00 PM
From: chic_hearne  Read Replies (2) of 1571927
 
OT

Re: Since on a house of $100,000, prop taxes are $1000

Pete,

You're getting a hell of a deal for Wisconsin under these numbers. I own a house valued roughly the same as my mom and my property taxes are under $1000 and hers are $4500 (in Madison).

Forget about looking at all the numbers compared to each other and just look at how much of a waste of money both are. Next to a car, I'd say a house is the next worse way to spend your money.

It all depends how you set it up though. I have 2 roommates paying $500 each, so that pretty much covers the mortgage, taxes, and insurance.

The base causes are that the system is set up to "nickle and dime" the homeowner to death.

I'm finding this out.

All my friends that I graduated with bought new cars and bought houses for themselves (maybe significant other, but no roommates to help with the cost). All of them are more broke than when we were in college. I'm set up with roommates paying my mortgage and I'm driving a car with no payments that I've had for 6 years that has 170,000 miles. I hear I made it through school and I deserve better. Morons I say. Instead, I put $12K in AMD and now I'm sitting on about $200K. I'll take that over driving a nice car or having my own house.

It's a concept called "delayed gratification". Most people can't grasp this concept.

chic
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