Quote:
Originally Posted by VenusBlogger
An apartment in south america is more expensive than the same apartment in MIAMI BEACH, quite crazy if you ask me...
PIRIOD.
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A lot of homes in US cities are now cheaper than its equal here in Thailand. Condos too. It's insane. But we're also experiencing a housing / property bubble here, so eventually that will burst. But in the meantime, the fact that I can get something cheaper in the USA than I can here, is nuts.
Quote:
Originally Posted by Choker
The only reason, and I told her this, the only reason to buy a house right now is out of pride, so you can brag to your friends that you now own a house. I see people like this and I think, "what a fucking idiot".
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The irony of that is, she won't own the house until her mortgage is paid off, which will probably be in 30 years. Even then, she won't really own the house because if she slips on her property tax (or income tax), they will take it from her. So she really doesn't own anything, especially at this stage when she has 30 more years to slave away to pay for it.
Pride is foolish, but even more so in a situation like this where she doesn't own anything. And there is actually a greater chance of her losing the home than her keeping it.
The American
Dream. *sigh*