What percentage of 370z owners own a house?

nogoodname · 06-26-2009, 11:03 AM

liv'in with my parents and house was paid off awhile ago

FricFrac · 06-26-2009, 04:43 PM

I was seriously thinking of buying a third property as well but I've wanted a new Z forever and life is short....

CBRich · 06-26-2009, 05:17 PM

I personally own a home but I don't see any shame in having a nice car but living with the parents if you're in transition. And by transition I mean you better be in school or in some apprenticeship or something of the sort.

Roo · 06-26-2009, 05:18 PM

Quote:

Originally Posted by CBRich

I personally own a home but I don't see any shame in having a nice car but living with the parents if you're in transition. And by transition I mean you better be in school or in some apprenticeship or something of the sort.

Maybe so when they get out of school they have money saved up to move on? If they don't then they'll be at their parents for a few more years trying to save money.

StLRedrider · 06-26-2009, 06:03 PM

8.5 years i've owned my house, almost lost it to the x-girlfriend last year.

antennahead · 06-27-2009, 11:03 AM

Quote:

Originally Posted by StLRedrider

8.5 years i've owned my house, almost lost it to the x-girlfriend last year.

Man that sucks. "If" I ever get married again, or have a long term live-in, there will definitely be a pre-nup signed. No b**** is going to take away all that I have worked all my life for. Glad you didn't loose it!!!

John

Pushing_Tin · 06-26-2009, 07:38 PM

Been a home owner since 2004.

jstevenson · 06-26-2009, 07:50 PM

I'd buy here in L.A. if it made any sense too, but I'd pay more in interest and HOA (even after accounting for taxes and such) than I would on rent for comparable (if not nicer) places.

Plus I needed a car as my old 97 Honda was fallin apart (I coulda gone cheaper, sure, but life's short).

alexanderb · 06-26-2009, 09:18 PM

there's another school of thought in owning a house...some rich people here do not buy house but prefer to rent. imagine this...you have 200k+ cash...they believe that it would be better used in investing the money somewhere else that makes money rather than spending on a house...they choose to rent than spend money buying a house...

XenChi · 06-26-2009, 11:52 PM

Quote:

Originally Posted by alexanderb

there's another school of thought in owning a house...some rich people here do not buy house but prefer to rent. imagine this...you have 200k+ cash...they believe that it would be better used in investing the money somewhere else that makes money rather than spending on a house...they choose to rent than spend money buying a house...

Now you're speaking my language.

m4a1mustang · 06-27-2009, 12:17 AM

Quote:

Originally Posted by alexanderb

there's another school of thought in owning a house...some rich people here do not buy house but prefer to rent. imagine this...you have 200k+ cash...they believe that it would be better used in investing the money somewhere else that makes money rather than spending on a house...they choose to rent than spend money buying a house...

It's not even that. Usually they just enjoy the ease of apartment living. They don't have to worry about lawn care or even about selling their property if they decide to up and leave.

From a financial perspective, owning is always going to be better than renting if you assume that the value of the property stays the same or appreciates because you will get your mortgage payments back in a sale.

If you're renting, you're throwing that rental payment away and will never get it back.

Pushing_Tin · 06-27-2009, 02:23 AM

Quote:

Originally Posted by m4a1mustang

It's not even that. Usually they just enjoy the ease of apartment living. They don't have to worry about lawn care or even about selling their property if they decide to up and leave.

From a financial perspective, owning is always going to be better than renting if you assume that the value of the property stays the same or appreciates because you will get your mortgage payments back in a sale.

If you're renting, you're throwing that rental payment away and will never get it back.

I despise apartment living! I would get into some sort of altercation at least once a month with some douchebag blaring his music, or leaving his trash by our door etc.

To me the benefit of owing the home is (usually) appreciation of the property AND the mortgage interest write off every year, so the benefit is two fold.

m4a1mustang · 06-27-2009, 09:56 AM

Quote:

Originally Posted by Pushing_Tin

I despise apartment living! I would get into some sort of altercation at least once a month with some douchebag blaring his music, or leaving his trash by our door etc.

To me the benefit of owing the home is (usually) appreciation of the property AND the mortgage interest write off every year, so the benefit is two fold.

But those experiences will vary from place to place. If you are in a posh high rise you're never going to have to deal with those issues vs. an older complex with thin walls, etc.

But I agree about the benefits of owning. I just like the idea of having my own property even if it means I have to cut the grass myself.

cow · 06-26-2009, 09:22 PM

I "rent," but it's paid by my company. I need to be in the "none of the above" category that isn't an option.

frost · 06-26-2009, 09:23 PM

A little higher percentage of people living with their parents than I would have thought.

View Poll Results: Do you own a house?
Yes I own a house	185	72.55%
No I rent	38	14.90%
I live with my parents	32	12.55%
Voters: 255. You may not vote on this poll

06-26-2009, 04:43 PM	#2 (permalink)
FricFrac A True Z Fanatic Join Date: Dec 2008 Location: Victoria, BC Posts: 1,481 Drives: 370Z 300ZX 280ZX 240 Rep Power: 229	I was seriously thinking of buying a third property as well but I've wanted a new Z forever and life is short.... __________________ '09 370Z - '93 300ZX Vert - '83 280ZX - '83 280ZXT -'81 280ZXT stroker - '72 240Z - Stillen CBE, HFC, G3, Grounding Kit, Sways // Swift Spring // H&R 15mm // 5% Tint // Clear Bra //

06-26-2009, 06:03 PM	#5 (permalink)
StLRedrider A True Z Fanatic Join Date: Jan 2009 Location: St.louis,Mo Posts: 17,755 Drives: O9Sprt/Touring,p-51 Rep Power: 61	8.5 years i've owned my house, almost lost it to the x-girlfriend last year. __________________ Dream as if you'll live forever, live as if you'll die today J.Dean

06-26-2009, 09:22 PM	#14 (permalink)
cow Lounge Moderator Join Date: Nov 2008 Location: Louisiana Posts: 3,441 Drives: Toyota Avalon Rep Power: 268	I "rent," but it's paid by my company. I need to be in the "none of the above" category that isn't an option. __________________ I never bought a 370Z

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06-26-2009, 11:03 AM	#1 (permalink)
nogoodname Lifetime Premium Join Date: Nov 2008 Location: Montreal Posts: 22,357 Drives: E46 M3 Rep Power: 1765	liv'in with my parents and house was paid off awhile ago

06-26-2009, 05:17 PM	#3 (permalink)
CBRich A True Z Fanatic Join Date: Apr 2009 Location: SC Posts: 2,464 Drives: 370Z Rep Power: 545	I personally own a home but I don't see any shame in having a nice car but living with the parents if you're in transition. And by transition I mean you better be in school or in some apprenticeship or something of the sort.

06-26-2009, 07:38 PM	#7 (permalink)
Pushing_Tin A True Z Fanatic Join Date: Nov 2008 Location: Eugene, OR Posts: 2,875 Drives: E63 AMG Rep Power: 228	Been a home owner since 2004.

06-26-2009, 07:50 PM	#8 (permalink)
jstevenson Base Member Join Date: May 2009 Location: Studio City, CA Posts: 55 Drives: 09 370z Tour S Blue Rep Power: 17	I'd buy here in L.A. if it made any sense too, but I'd pay more in interest and HOA (even after accounting for taxes and such) than I would on rent for comparable (if not nicer) places. Plus I needed a car as my old 97 Honda was fallin apart (I coulda gone cheaper, sure, but life's short).

06-26-2009, 09:18 PM	#9 (permalink)
alexanderb Base Member Join Date: Apr 2009 Location: Manila Posts: 171 Drives: PG 370 Tour/Sprt/Nav Rep Power: 271	there's another school of thought in owning a house...some rich people here do not buy house but prefer to rent. imagine this...you have 200k+ cash...they believe that it would be better used in investing the money somewhere else that makes money rather than spending on a house...they choose to rent than spend money buying a house...

06-26-2009, 09:23 PM	#15 (permalink)
frost Retired admin Join Date: Dec 2008 Location: Winterfell Posts: 106,613 Drives: Your Wife Crazy Rep Power: 0	A little higher percentage of people living with their parents than I would have thought.