The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Whitmore G. who wrote (2731)	6/14/2002 2:53:37 AM
From: TheStockFairy	Read Replies (2) of 306849

I'm still at a loss with the whole thing. The overall picture doesn't really matter to me in relation to where I'm looking to move (read very affordable). Personally, I have a problem with forking over a huge chunk of my income and neglecting other investments such as retirement accounts for the sake of a roof over my head. Something funny, an older guy told me last year to "buy the biggest house I can afford." That turned out to be over the $1mm range which totally blew my mind. I was shopping for something in the $175k range. I can make payments in that range and still go on trips, lose my job for years, buy crap, pay cash for cars, start businesses, ect. Basically I could lead a good life if I kept that friggin mortgage payment real low.

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