"Theater." Want to mention any other fill in the blank, high society activities that you don't actually utilize?
"Theater." Want to mention any other fill in the blank, high society activities that you don't actually utilize?
How do you know it's authentic? I doubt there's more than 2-3 of say, Ethiopian places in Milwaukee... hard to compare.
Also for example, I doubt Milwaukee has South Indian food (vastly different from North Indian/Punjabi food which is found in most major cities). The bay area has some of the best south (and north) Indian food you can find, not to mention Korean, Vietnamese, Japanese, Chinese, etc.
The owners & chef were from Ethiopia at the Ethiopian restaurant I went to. Does that make it authentic? I don't know.
Maharaja & I think Bombay Sweets claim to have South Indian food.
Sounds like you got a pretty great deal...most of what I sell here in SF is north of $800K per sq ft and sometimes north of $1000 per sq ft...yes, it's typically more north side of the city but the Potero neighborhood where you've purchased has great weather, easy freeway access, views and a high hipness quotient...congrats to you...well done!
MF
Please forgive my pro-California peers. I was born and raised in California, and I do like it. But it's not any better or worse than other parts of the US, except for the weather. I choose to put up with the high real estate costs because in my line of work (education) there is no way I could get paid my current salary if I left. I figure that it's better to get paid more and have a higher mortgage than get paid less and have a lower mortgage. After all, more equity is being built up this way, and I can easily move out of California at retirement if I want to, but I would not be able to make the same move in the opposite direction.
I am just curious how paying his loan off quicker would help him? I see that it would cut mortgage interest over time, but how would this benefit him if mortgage rates rise to 7 or 8%?
If that happened it is a given that other investment rates would rise above the close-to-nothing level they are at now and then every dollar he has pre-paid on his mortgage would be there instead of earning interest.
Also, who would do an ARM right now? Rates are at an all-time low, why would someone gamble with an ARM? To chance that rates might reach 1.5% or 2%. Your statement doesn't make ANY sense.
In other words, he can finance this house at ~3% and lock that rate in. If, as you say "real estate stagnates or collapses" due to "mortgage interest rates go(ing) up to 7,8 or 10 percent" then investment interest should be 4-6% and he would be making more money on whatever savings he puts into MMAs, CDs, or bonds that he DIDN'T put into paying off his 3% mortgage.
I just financed @ 2.5%, 15yr fixed. That's about as low as we've seen in damn near 60 yrs.
Let's be honest. did you really buy a house?
honest communication?
RE Broker wrote:
UP Unlogged wrote:That used to be going rate here in Petaluma!
What's the going rate now?
About $300k! Lady next door just lost hers to the bank.
I'm going to choose to get off LR if you choose not to have honest communication with me.
Arwen wrote:
Let's be honest. did you really buy a house?
Yes, indeed I did. However, much later in life than most.