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To: mishedlo who wrote (56261)	3/20/2006 12:01:31 PM
From: John Vosilla	Respond to of 110194

Sounds like a nice place Mish. No doubt if you live in a still relatively inexpensive lifestyle in the midwest your inflation is much lower than coastal bubble market. If you were closer in to Chicago and your home value had gone up a lot along with all the costs associated with it maybe you'd think differently? You know not only have rents gone up easily 30-40% here but every tradesman you can think of now charges so much more it is beyone ridiculous. And these people whine they can't make ends meet even with the huge increases they charge. I can tell you even in the north cost of living vary dramatically. Much of New England is a heck of a lot more expensive than living the same lifestyle in say upstate NY. RE costs are a huge driver of inflation IMHO.

To: mishedlo who wrote (56261)	3/20/2006 12:08:06 PM
From: ild	Read Replies (1) \| Respond to of 110194

<<<Our house is 3400 square feet>>> How much are your property taxes?

To: mishedlo who wrote (56261)	3/20/2006 1:07:14 PM
From: TimbaBear	Read Replies (4) \| Respond to of 110194

But anyone complaining about restuarant prices or the price of insurance for a hummer is likely to get no sympathy from me. Nor is anyone living in Florida or the hurricane zone going to get any sympathy from me either. If price of eating out is too expensive the stop eating out. If a hummer is too expensive then you do not need one. There is frugality and there is common sense. Mish, you can't ask the board for feedback and then act as lifestyle critic when you get it. Stating that restaurant prices have risen dramatically over the last several years is not complaining, it is reporting an observation. If I couldn't afford it, I wouldn't go. If you don't want the feedback, don't ask the question. I have a graph on my wall in my office which is the State of Florida and it is completely covered by a hurricane. On that graph is a red arrow pointing downward and the saying on the graph is "You are here!". Florida happens to be one of the most populous states in the US, what are you saying....live in only the low cost insurance areas? That eliminates the areas of earthquakes, tornados, blizzards, hurricanes, droughts, floods, where would that leave? I once saw an insurance chart for low cost areas and those areas were, perhaps, 20% or so of the country. Where your comment about the Hummer comes in, I don't know, I own a 1999 Dodge Stratus and a 2004 Buick Century. We drive about 20 miles per week total on average. But that doesn't imply that gasoline prices haven't gone from around a buck a gallon to over $2.50 a gallon. Oh, I almost forgot....Our house is 3400 square feet,...... My new-to-me home is smaller than that: 2500 SqFt living area on much less than an acre. As far as the rest of the appointments.....very similar but we chose Corian over granite. I will be very pleased when it is paid off. Hopefully 6-7 years from now. I'll be pleased as well when mine is paid off. I could do it now but choose to keep my investments as they are. I have several large income producing events on the horizon and will likely pay the home off with the proceeds from those instead. I would guess the longest I'll carry the house debt is your maximum and the potential is there for much sooner payoff. Lifestyle choices have an impact on the amount of expenditures, it's true. But I thought the question related more to whether or not for the same lifestyle one was experiencing rising prices. Apparently I misread that as it appears to be less about inflation and more one of how best to live below ones means. Timba

To: mishedlo who wrote (56261)	3/20/2006 1:30:04 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 110194

>>I will be very pleased when it is paid off. Hopefully 6-7 years from now<< 3400 SQ ft for 2 people? In 6-7 years, yer average monthly heating bill will be more than yer mortgage payments!<G?>

To: mishedlo who wrote (56261)	3/20/2006 2:56:38 PM
From: loantech	Respond to of 110194

I could have that house here for north of $600,000.00

To: mishedlo who wrote (56261)	3/20/2006 3:23:21 PM
From: I_C_Deadpeople	Respond to of 110194

"But anyone complaining about restuarant prices or the price of insurance for a hummer is likely to get no sympathy from me." But that really is the point is it not? If the 'average' restuarant meal has gone from say $20 to $30, which to those people eating it is inflationary, then these same people will have to eventually cut back on other things if they want to continue to eat out. Or they choose to eat out less often. Either way, less money spent in the economy. As for food costs, I am in Central Canada and they have gone nothing but up in the past three years. Non local items such as fresh fruit have really jumped. Three years ago, for example, seedless green grapes were $1.99/lb, they are now $3.99. Look at the junk food people love, a bag of Lay's is almost $5. Another thing to note is that food inflation is often hidden. What used to be 16 oz cans of soup are now 14oz for the same cost. Plus, for those who want the 'calorie-wise' or 'fat free' alternatives you often pay much more for those.

To: mishedlo who wrote (56261)	3/20/2006 4:11:35 PM
From: shades	Read Replies (1) \| Respond to of 110194

I have a Hyundai Elantra a new 2005 model that I got last year for $10,500 paid off in cash. You are successful according to Grace I suppose - big house, new car. My house is small, often times I dont own a car - I am a total failure - oh do you have a wegmans out your front door? What do the billionaires Drive Mish? forbesautos.com Buffet has a 2003 buick. Ballmer has a 1998 lincoln. Ingvar Kamprad (IKEA) has a 1993 volvo 240. Why are they driving OLD used cars and you have a 2005 car? They must be big failures like me too. Paul Allen and Bill G own older porsches. Alice walton of WALMART has the newest! forbesautos.com Rank on Forbes.com 2006 World’s Billionaires List: 20 Net Worth: $15.7 billion Vehicles Owned: 2006 Ford F-150 King Ranch Source: Texas Department of Transportation