Door to door, it's 45 minutes to go about seven miles on the bus. Yes, the bus stops every two blocks, but I've tried driving and it's no faster. The cheap parking lots are half a mile from the office, and I can't drive in the HOV lane. However, I can read or nap on the bus.
It always gets me...
Within walking distance and on the same street as the $43,000 house are new half-million dollar townhouses in one direction and older million dollar estates in the other. And some other places nearby that are real dumps. That's the Denver area for you.
Re: family needs, my mother has said...
There's actually a house in my neighborhood selling for $43,000. It's 380 square feet (about the size of a two-car garage), built in 1940 in a bungalow style. Off-street parking, even.
I think you meant to write "$143,000 house," making it, with the 20% down payment, a $115,000 mortgage.
A $571 principal and interest payment may be within the means of someone making, let's say, $2000 per month. But to that $571, you have to add property tax, homeowner's insurance, trash...
One of my cousins used to live in Ventura and work in LA. A 45-minute commute would have been an improvement for him. That's about how long it takes me to get to work on the bus (it stops every two blocks for seven miles).
I think housing prices will have to keep coming down. I don't see how...
^Agreed. As I've mentioned several times in the Learning to Dance thread, knowing the basics is key. Even great dancers don't always know a lot of moves. What makes them great is how they move and their skill in leading or following.
There are a lot of nice looking houses in Stockton. Here's a cute little place in Stockton for exactly $100,000. Fairly new, too.
http://ca.realtor.com/realestateandhomes-detail/3706-Wild-Rose-Ln_Stockton_CA_95206_1113201888?gate=cln&source=web
Whether you can get a $16 and hour job in...
As others have said, I think there's a rosy mythology about the 50s. I don't have much to add to what others have said about this.
You say you feel precarious. Two strategies to help when you're in that spot are to be frugal and be flexible. When you're willing to take any honest job, willing...
My family might be unusual, but my brothers and sister and I are the first in at least five generations not to move to another state or country after we grew up. (Having seen the place I was brought home to after I was born, I'm glad we moved for better wages and housing.:) ) We were born in at...
My cousin is in that position: she works in publishing, so she's stuck in big, expensive cities. But certain professions have probably always been that way, probably more so in the past because telecommuting didn't exist. (I know that's not an option for everyone.)
Aren't most jobs in most...
Not that surprising, actually. I used to grade papers for a dynamics class, and it was amazing how many people used g (gravitational acceleration) for acceleration in the horizontal direction. Forget about applying something in real life.
When I worked at the Air Force Academy, I used to see...
As I said earlier, there's no way I could afford the house I live in now if I were just starting out. I'd have to get a fixer-upper, wait for a bargain, or move where the house price to income ratio is a lot smaller.
"Traded in their shovels for backhoes to dig themselves in dig themselves in really good"--I love it.
Yes, when you keep trading up, you're on a treadmill. But I'm not sure this is such a recent idea. The term "starter," as in "starter home," dates from 1946 according to my dictionary. The...
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