SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (452048)1/29/2009 12:59:31 PM
From: tejek  Read Replies (1) of 1575582
 
Seriously... I'm not sure it's worth it long term from an investment perspective. If you are going to retire then it's a good idea to buy a condo or something to lock in a relatively fixed housing cost, in case the world gets hit with run away inflation and rent increases dramatically. But otherwise I'm not sure. A house is a money pit.

I really think it depends on the market. In Syracuse or Buffalo, its not worth it IMO. Housing prices have barely moved in those markets over the past ten-fifteen years. But in markets like San Diego or Sacramento or Portland, I think its worth it. And again, its kind of like forced savings which Americans don't do enough of IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext