大C姐

Should we add car payment, property tax, medical there?
and $200 food... can't eat out wor... Can  ...
MSN04 發表於 2010-9-28 16:19

    so even if you don't buy, and you rent, you may pay a couple hundred less a month, how 好洗 is that? i dont think 300 bucks more a month will suddenly turn a tight budget to an extravagant budget.....

MSN04

i look at stats and stuff, but i take them with a grain of salt, and i dont' think prices wil ...
大C姐 發表於 2010-9-28 16:18

   
Thank you for caring, but I never ask for your advice on whether it is good time for me to buy (i wouldn't want your advice based on people you know anyways.)

MSN04

you can't get a mortgage for $700K on a 60K annual income, CHMC isn't going to insure stupidi ...
大C姐 發表於 2010-9-28 16:21

I thought you just said you read stat and reports.  I guess you are just blowing again.....

fibbi

回復 137# MSN04


    Car (gas and insurance) already in the calculation.
Medical care is from company.
Property tax $1200, that can be taken out from "saving".
So saving becomes $200, and Property tax $100.
$200 food is for dine in. If you eat out everyday, it's not healthy too.
The eat out can be part of the $300 "misc" expense.
If you consider can't eat out as non-comfortable lifestyle, then I have nothing to say la. It's purely different expectation. Buying a property wor...it's a huge purchase, and of course we need to restrict the expense a bit la. But still, with $300 to spend a month, I don't see it being uncomfortable at all.

MSN04

so even if you don't buy, and you rent, you may pay a couple hundred less a month, how 好洗 i ...
大C姐 發表於 2010-9-28 16:26

Mental crack down again?  It was you who suggest that 60k is comfortable to buy 500sf in downtown.  Not me.  I never suggest/support to buy/rent in downtown with that salary.  So u admit that it is not 好洗 now?

MSN04

回復 140# fibbi

lol... that is no where near decent life...

大C姐

I thought you just said you read stat and reports.  I guess you are just blowing again.....
MSN04 發表於 2010-9-28 16:28

    i thought the reports mentioned 70k-80k median household income... and they said house prices of 700K-800K, not mortgage of 700K....

perhaps we were reading different reports lor, excuse me....

MSN04

回復 144# fibbi

car (gas and insurance) 300 wor... insurance 150 a month?  gas 150?  no car payment lor.

err... not talking about eating out everyday, just dine out once a while.....

A lot of companys don't cover MSP neh.  Only cover additional stuffs like medicine, glasses, dental... etc... u get my point.

MSN04

i thought the reports mentioned 70k-80k median household income... and they said house prices ...
大C姐 發表於 2010-9-28 16:33

Then you need to learn to read then.  7% is the average down payment.  So, what is the mortgage?

大C姐

Mental crack down again?  It was you who suggest that 60k is comfortable to buy 500sf in downtown. ...
MSN04 發表於 2010-9-28 16:31

    i dont think renting and having an extra 300 bucks will make a world of difference if you're not comfortable to start with... that's my point!