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  #1  
Old 05-01-2007, 01:00 PM
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Originally Posted by sara1998 View Post
That just blows my mind.
Atlanta is similar. I bought my first real house for $205,000 - it sold eight years later for 1.2 million and it sold in less than an hour at an all cash offer. Granted, I had not lived there for a few years and I no longer owned it - can you say DIVORCE - - and it had been renovated for about 400K - but still, that is about a 500K gain. I shoulda stayed with the bastard
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Old 05-01-2007, 01:14 PM
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Originally Posted by strandinthewind View Post
Atlanta is similar. I bought my first real house for $205,000 - it sold eight years later for 1.2 million and it sold in less than an hour at an all cash offer. Granted, I had not lived there for a few years and I no longer owned it - can you say DIVORCE - - and it had been renovated for about 400K - but still, that is about a 500K gain. I shoulda stayed with the bastard
sounds like you have too much money. you should send me some.

i'm not going to buy a house until my s.o. wins the lottery. i require beach-front property.

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Old 05-01-2007, 02:04 PM
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sounds like you have too much money. you should send me some.

i'm not going to buy a house until my s.o. wins the lottery. i require beach-front property.

I got none of that. I bought the hosue, but only because my credit was better. I then sold it to the ex a year or so later and left a few years later. Such is life.
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Old 05-01-2007, 02:15 PM
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I got none of that. I bought the hosue, but only because my credit was better. I then sold it to the ex a year or so later and left a few years later. Such is life.
Are you serious? You were married?
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Old 05-01-2007, 02:34 PM
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I got none of that. I bought the hosue, but only because my credit was better. I then sold it to the ex a year or so later and left a few years later. Such is life.
And now I feel like I should buy you a beer.
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Old 05-01-2007, 02:46 PM
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And now I feel like I should buy you a beer.
You get the beer, I'll find the shot.
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Old 05-01-2007, 02:50 PM
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We were, of course, not legally married.

In the end - I made my choices and the chips fell as such. I have no regrets.

I will, though, take the booze
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Old 05-01-2007, 02:54 PM
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Seems to me the really egregious thing about gas prices is how the top three oil makers (in the U.S. anyway) are reporting "record profits" quarter after quarter anymore.

And as to the conversation about costs of living around the world, I'm surprised that no one has brought up health care. I'm not going to say that it's not more expensive to live in smaller nations like the UK, but my understanding that some of those taxes are used to pay for health care (I tried to research but didn't get anywhere fast, so if I'm wrong just say so).

When you consider that some American families are paying $500 a month for their healthcare coverage, it levels the field a bit.
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Old 05-01-2007, 02:58 PM
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^^^

I agree --

and, unless we compare post tax dollars to post tax dollars, any comparison is bogus. In other words, a person can make $100,000 a year, but take home $45,000 a year once they are taxed and necessary things like ins. payments are considered (most peoples' are taken out of their paycheck and could be pre tax dollars) -- then mtg interest is tax deductible here, but perhaps not elsewhere. Anyway, food for thought.
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Old 05-01-2007, 05:05 PM
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^^^

I agree --

and, unless we compare post tax dollars to post tax dollars, any comparison is bogus. In other words, a person can make $100,000 a year, but take home $45,000 a year once they are taxed and necessary things like ins. payments are considered (most peoples' are taken out of their paycheck and could be pre tax dollars) -- then mtg interest is tax deductible here, but perhaps not elsewhere. Anyway, food for thought.
I actually addressed some of that, I was talking net take home. And health care IS a huge bite out of our budget and car insurance and home insurance and so many other things...agreed.
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Old 05-01-2007, 05:40 PM
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^^^
then mtg interest is tax deductible here, but perhaps not elsewhere. Anyway, food for thought.
Mortgage interest isn't tax deductible in Canada, I know that much. Plus isn't it true in the US you can get a loan for a house and only pay the interest as your payments - and nothing towards your principle?

I saw something on the news a few months ago about housing sales and how they are falling in the US, along with forclosures and they were talking about interest rates and how people are buying these huge expensive houses they wouldn't normally be able to afford only because the way the banks are working their mortgages with interest payments only or something like that..
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