Would you buy a house, anywhere in the US, right now?

[austinp]

<b>bjd, </b>I drew a late-season blackpowder tag for Iowa Zone 5. Flying out 12/26 and leaving 12/30 (sooner if we're successful!) to frolick in SE Iowa while the holiday-week charts paint a picture exactly like today's

 

[austinp]

<b>sg58</b>, I drove thru Iowa in August on my way home from Denver. I did notice all of the women working in restaurants, gas stations were rather on the "sturdy" side. Not sure I saw any of them I could bench press these days, to be honest :eek:

 

[5Pillars]

Quote from vhehn:

that was in sioux city iowa.

yes your right....I knew it was sioux something.....LOL.

Is Gateway out in your neck of the woods?

 

[zf trader]

With a lot of my friends buying there first house I get asked about this all the time. I always say "do the math". Often I get the reply "what do you mean paying rent is just throwing away money". Smart people too that tell me this. I really think you need to do the calculations and if it is cheaper to buy than buying is fine if you plan on holding for ten years or so. But if it works out to be about the same, you are paying $5,000 in commissions to get exposure to an asset class that can be had for $1. Think of buying a starter home right now then having a couple of kids and need a bigger house and having to sell at a $10,000 dollar loss, quite a hit for a young family.

 

[austinp]

<b>http://www.rentalplus.com/aboutus.htm</b>

Any properties bought on this lake today (my backyard) will only go one way in value: straight up. That's how it has been for 200 years, and will remain that way until they drain the water out :>)

Austin

 

[bjdhawk]

Quote from stevegee58:

The phrase "corn-fed beauties" comes to mind...

the state certainly has its fair share of, shall i say "healthy" women, but UofI in iowa city is where all the rich chicago families send their easily impressionable, hot beauties....

 

[Free Thinker]

Quote from 5Pillars:

yes your right....I knew it was sioux something.....LOL.

Is Gateway out in your neck of the woods?

gateway was in sioux city but they have closed most of those places. gateway is only a shell of what it used to be today.

 

[5Pillars]

Yes it seemed they have been on the decline. What are state income taxes for you (percentage of AGI).

 

[Free Thinker]

Quote from 5Pillars:

Yes it seemed they have been on the decline. What are state income taxes for you (percentage of AGI).

0

 

[stevegee58]

Quote from austinp:

<b>sg58</b>, I drove thru Iowa in August on my way home from Denver. I did notice all of the women working in restaurants, gas stations were rather on the "sturdy" side. Not sure I saw any of them I could bench press these days, to be honest :eek:

In my best pirate voice I can say only one thing: "Har!"

(Goddamn I'm in rare form today. I need volume to pick back up so I can distract myself with trading.)