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How much goes to mortgage/rent?

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  • #46
    how long have you had the house?
    Monkey!!!

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    • #47
      Originally posted by Dis
      I don't think chicks are impressed with the fact that I own a house.

      I can't drive around with my house. I'd rather have a hot car. .

      If I spent the amount of money I spent on my house on a car, I might get laid. . err, probably not.
      You must be looking in the wrong places or maybe Vegas is awash in money that the women don't care anymore-- but generally a guy with his own place will find some ladies that are impressed by that--

      Oh and I don't know how much your house cost but I would think that any guy driving even a 100K car should be able to use that to get laid pretty regularly-- " Want to go for a ride?" takes on a whole new meaning.
      You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto Luongo

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      • #48
        7 years, just paid it off last month. I sent them a $4500 check.

        Maybe I'll buy a winnebago and cruise the strip in that. Definate chick magnet. And you can live in it!

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        • #49
          there you go..
          Monkey!!!

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          • #50
            Originally posted by Dis
            7 years, just paid it off last month. I sent them a $4500 check.

            Maybe I'll buy a winnebago and cruise the strip in that. Definate chick magnet. And you can live in it!
            Well I knew guys that figured that being within 15 minutes of the bars was the key to scoring. Any longer and the girl either sobered up, passed out, got sick or heard from her boyfriend.

            A winnebego downtown with a stocked bar could serve you very very well
            You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto Luongo

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            • #51
              I was only kidding. Only old people drive those things. I don't think I have ever seen a young person in one. And I'm not really that interested in scoring anyways.

              Sorry for the threadjack.

              I think in a lot of cases, people only pay the minimum payment. And aren't willing to allocate a lot of their income to their home. They are too busy buying electronic gadgets and wasting their money. I had no problem putting over 50% of my income to my house. I don't live an expensive lifestyle, however. Don't drink much, and I don't gamble.

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              • #52
                Originally posted by Provost Harrison
                Too much...
                Too true!

                For me it's about 32% of my tax-free salary. But hey it's London. But if our hot Swedish blond friend decides to move in over summer that'll probably knock it down to 20-25%, and if my girlfriend also sticks around for a couple of months then even less. I am a harsh mistress when it comes to illegal subletting

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                • #53
                  Somewhere around 14% of gross if you include mortgage, condo fees and property taxes.
                  "The French caused the war [Persian Gulf war, 1991]" - Ned
                  "you people who bash Bush have no appreciation for one of the great presidents in our history." - Ned
                  "I wish I had gay sex in the boy scouts" - Dissident

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                  • #54
                    12.34% of gross income.


                    Spec.
                    -Never argue with an idiot; He will bring you down to his level and beat you with experience.

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                    • #55
                      Originally posted by DanS


                      Friendship Heights. Maybe Van Ness. U Street prices are now outrageous, unless you want to be the vanguard of gentrification. Chinatown prices will knock your socks off.

                      Whereas it used to be that downtown prices were less than upper NW and suburban prices, that situation has reversed. The way it is now makes more sense from an economic perspective, but it was the opposite for a long, long time (always?).
                      Columbia Heights and Georgia Avenue/Petworth aren't atrocious right now. So-so rowhouses needing a little TLC were going for about $500 to 850k last time I heard. Prices seem to drop on this side of Rock Creek Park once you get north of Military Road.
                      If you look around and think everyone else is an *******, you're the *******.

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                      • #56
                        Originally posted by Timexwatch


                        Columbia Heights and Georgia Avenue/Petworth aren't atrocious right now. So-so rowhouses needing a little TLC were going for about $500 to 850k last time I heard. Prices seem to drop on this side of Rock Creek Park once you get north of Military Road.
                        So let me get this straight: I could buy a so-so property in an ok-but-not-great neighborhood, and -- if I bought on the low end, and managed to put 20% down (right, 'cause I've got 100k just lying around), the monthly mortage -- just mortgage, no taxes, no utilities, nothing else --should only cost me, oh, half of my take-home pay. Of course, if my downpayment were a more realistic 3-5%, then the mortgage would eat up 3/4 of my monthly take-home. And I'm much, much closer to the top of the civil service pay scale than not.

                        I honestly don't understand how federal workers live in the capitol, I really don't.
                        "I have as much authority as the pope. I just don't have as many people who believe it." — George Carlin

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                        • #57
                          I honestly don't understand how federal workers live in the capitol, I really don't.
                          They commute, right? The capitol is for lobbyists...
                          Stop Quoting Ben

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                          • #58
                            Originally posted by Bosh

                            They commute, right? The capitol is for lobbyists...
                            The immediate surrounding area is just as bad. You could live way the hell out -- I have a colleague here who recently worked in DC while living in West Virginia --but then you're offsetting your commute with other costs, both tangible (e.g., gas costs) and intangible (a 2-hour commute each way each day is 20 fewer hours/week spend with family and friends, on hobbies, or just sleeping. It's just crazy.
                            "I have as much authority as the pope. I just don't have as many people who believe it." — George Carlin

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                            • #59
                              Well at least the DC subway system is pretty good.

                              I've got a little two bedroom place (plenty of space for two people) for very very little but it meants a one-way hour commute
                              Stop Quoting Ben

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                              • #60
                                Originally posted by Bosh
                                They commute, right? The capitol is for lobbyists...
                                As Rufus said, real estate prices continue to be fairly absurd well outside DC.

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