When to Buy a house?
12-06-2012, 06:43 AM
#51
Gets Weekends Off
Joined APC: Dec 2005
Posts: 233
Originally Posted by SayAgain
An f/o at the regional I'm at, recently told me that he asked Capt's the greatest mistake they made when they upgraded. And the most common answer was buying "too big a house". Don't know if they meant square footage or mortgage or upkeep or all of the above. I know my next home will be smaller and hopefully on more land for a garden.
12-06-2012, 06:54 AM
#52
Flies for Fun
Joined APC: May 2012
Position: CE-172 Heavy
Posts: 358
FWIW there's another big housing 'adjustment' just around the corner which will drive down values once again due to over supply.
As the baby boomers retire in droves, they will need to unload that big house in exchange for something more financially manageable and pocket some equity since a majority of them have little retirement savings to retire on.
There's a good study on this written by one of the Feds, but I can't find it at the moment.
As the baby boomers retire in droves, they will need to unload that big house in exchange for something more financially manageable and pocket some equity since a majority of them have little retirement savings to retire on.
There's a good study on this written by one of the Feds, but I can't find it at the moment.
12-09-2012, 10:39 AM
#53
Line Holder
Joined APC: Jan 2012
Posts: 37
Originally Posted by Sata 4000 RP
FWIW there's another big housing 'adjustment' just around the corner which will drive down values once again due to over supply.
As the baby boomers retire in droves, they will need to unload that big house in exchange for something more financially manageable and pocket some equity since a majority of them have little retirement savings to retire on.
There's a good study on this written by one of the Feds, but I can't find it at the moment.
As the baby boomers retire in droves, they will need to unload that big house in exchange for something more financially manageable and pocket some equity since a majority of them have little retirement savings to retire on.
There's a good study on this written by one of the Feds, but I can't find it at the moment.
02-09-2013, 06:40 PM
#57
New Hire
Joined APC: Jan 2013
Posts: 9
Owning a house takes a lot of time and money.
Buy a house when you get to a career place and don't plan on moving. Then when they close the base hopefully your commute wont be terrible.
owning your place is great but its also an anchor. which can be good or bad.
Buy a house when you get to a career place and don't plan on moving. Then when they close the base hopefully your commute wont be terrible.
owning your place is great but its also an anchor. which can be good or bad.
02-10-2013, 04:45 AM
#58
Gets Weekends Off
Joined APC: Dec 2012
Position: Holding over Macho Grande
Posts: 602
Originally Posted by Sonny Crockett
Sold my house and bought a boat to live on.....much happier and my neighbors are very nice, waterfront living for very cheap. The boat is 50' go big and save on property taxes....IMHO
Also, no lawn work to upkeep...fish right from your deck...take a swim anytime...1/2 the time (or more) the ladies are wearing bathing suits...
Just make sure that it's on a constant-level lake (if inland).
03-02-2013, 03:12 PM
#60
On Reserve
Joined APC: Mar 2013
Posts: 22
Originally Posted by Sata 4000 RP
FWIW there's another big housing 'adjustment' just around the corner which will drive down values once again due to over supply.
As the baby boomers retire in droves, they will need to unload that big house in exchange for something more financially manageable and pocket some equity since a majority of them have little retirement savings to retire on.
There's a good study on this written by one of the Feds, but I can't find it at the moment.
As the baby boomers retire in droves, they will need to unload that big house in exchange for something more financially manageable and pocket some equity since a majority of them have little retirement savings to retire on.
There's a good study on this written by one of the Feds, but I can't find it at the moment.
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