Reactionary

As many of you know, I’m in the midst of house-buying. Well, not really a house. At least I don’t think I want a real HOUSE per se. Even if they do appreciate better. But then there’s that maintenance thing. I have a hard enough time hanging pictures. How would I ever afford a HOUSE. What if the roof collapses? Argh.

That’s one of the things that’s eating away at me. Condo or house? A friend who bought her first house in the city by herself when she was single has been strongly advising me away from a condo. She really dislikes the idea of all the fees. But fees vary widely by development. Some run as low as $100 and some as high as $700. It all depends. I don’t mind paying a condo fee of about $200. I consider that peace of mind money. Anything over and above, though, I consider usurious and unnecessary. And I don’t feel comfortable in these houses. They’re small and tight and old. I like more space and one level feels much more spacious than several small ones.

I don’t know. Ultimately, I may go for the cheapest thing I can live with. I do the numbers and redo the numbers and they’re not pretty. If only I wasn’t saving 15% of my pre-tax income for retirement, I’d be on easy street. I can only hope and prey on the desperation of a seller somewhere out in that grid tonight. Hopefully, someone with a nice flat or trinity is wondering how on earth they’ll sell in this financial environment. So am I. The news from Wall Street is worse and worse and it’s chipping away at my buying power with every creep upward of the average interest rate.

How come irresponsible people are always getting bailed out by those who have done everything right? I hate all of you who ever thought you could buy anything you cant afford with money you don’t have.

Posted on July 22nd, 2008 under Life, News, Rant •  Print •  Email • RSS 2.0 feed • Leave a response, or trackback