Nissan 370Z Forum

Nissan 370Z Forum (http://www.the370z.com/)
-   Nissan 370Z General Discussions (http://www.the370z.com/nissan-370z-general-discussions/)
-   -   What percentage of 370z owners own a house? (http://www.the370z.com/nissan-370z-general-discussions/6009-what-percentage-370z-owners-own-house.html)

Roo 06-26-2009 02:10 AM

What percentage of 370z owners own a house?
 
Just curious here....

FricFrac 06-26-2009 02:41 AM

Just sold my rental and built a second....

Shift 06-26-2009 08:21 AM

Why buy a house when you can own a Z......

:driving::driving::driving:

Got Z? 06-26-2009 08:28 AM

Interesting...

What made you ask this question?

BTW, I voted "own" but there should have been an option for "My bank owns..."

MightyBobo 06-26-2009 08:31 AM

Being military, and seeing as I'm single living in the Baltimore area, I most definitely live on base :-p

import111 06-26-2009 08:34 AM

I own my house

theDreamer 06-26-2009 08:34 AM

Live with the parents, but pay rent/utilities, so none fit me.

kannibul 06-26-2009 08:37 AM

Quote:

Originally Posted by Shift (Post 99803)
Why buy a house when you can own a Z......

:driving::driving::driving:

My car payment is slightly more than the "actual" house payment, (meaning, discounting PMI, Home Owner's Insurance, Taxes)

Lloydy 06-26-2009 08:38 AM

I used to own one when I lived in the UK, but renting since I moved here

cdawg410 06-26-2009 10:43 AM

I'm not trying to diss but unless you're under 18 there is no way you should be living with your parents (unless of course you are taking care of them) and be driving a sports car. Priorities man.

One of the following statements does not belong:

Hey baby, look at my bada$$ car. Hey fellas check out how fast my whip is. C'mon man I told you not to call me after 10 my "roommates" are sleeping.

nogoodname 06-26-2009 11:03 AM

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

theDreamer 06-26-2009 11:50 AM

Quote:

Originally Posted by cdawg410 (Post 99896)
I'm not trying to diss but unless you're under 18 there is no way you should be living with your parents (unless of course you are taking care of them) and be driving a sports car. Priorities man.

One of the following statements does not belong:

Hey baby, look at my bada$$ car. Hey fellas check out how fast my whip is. C'mon man I told you not to call me after 10 my "roommates" are sleeping.

I completely disagree.
In a financial situation I choose, since I had the option, to live at home during college. I pay rent, pay my own bills, buy food, pay for my car, pay for college, and in return get a slightly reduced rent bill by living at home. Pluses, I get a bigger place than anywhere else I could rent, safe neighborhood, and my parents do not care if people call late. Hell, people ask where I live and I will gladly say my parents house, I have no shame in the fact I own a sports car and live at home, because of the long list of things in the second sentence.

cdawg410 06-26-2009 12:01 PM

Quote:

Originally Posted by theDreamer (Post 99945)
I completely disagree.
In a financial situation I choose, since I had the option, to live at home during college. I pay rent, pay my own bills, buy food, pay for my car, pay for college, and in return get a slightly reduced rent bill by living at home. Pluses, I get a bigger place than anywhere else I could rent, safe neighborhood, and my parents do not care if people call late. Hell, people ask where I live and I will gladly say my parents house, I have no shame in the fact I own a sports car and live at home, because of the long list of things in the second sentence.

To each his own.

Personally, I prefer to do the nasty as far away from my parents as possible. In 1996 I accidentally killed a girl trying to keep her quiet in my parents house, at least thass what I told the judge.

KillerBee370 06-26-2009 12:06 PM

Home owner here of two properties and looking to buy a third since this economy is making it so easy to do so.

The benefits from owning are substantial btw when it comes to tax breaks, equity and credit building. Not to mention investment potential in this economy.

Roo 06-26-2009 01:57 PM

Quote:

Originally Posted by Got Z? (Post 99807)
Interesting...

What made you ask this question?

BTW, I voted "own" but there should have been an option for "My bank owns..."


Every local Z driver that I have talked to lives at home and drive a $40k car. Don't get me wrong I lived at home till I was 24 but didn't drive a $40k car and I saved over $100k which I used to buy my first home.

kannibul 06-26-2009 02:00 PM

Quote:

Originally Posted by KillerBee370 (Post 99960)
Home owner here of two properties and looking to buy a third since this economy is making it so easy to do so.

The benefits from owning are substantial btw when it comes to tax breaks, equity and credit building. Not to mention investment potential in this economy.

Yeah, had I thought about it, that's what I would have done instead of getting the Z - get a second property, and rent one out.

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 (Post 100166)
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.

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...

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.

theDreamer 06-26-2009 09:41 PM

Quote:

Originally Posted by frost (Post 100394)
A little higher percentage of people living with their parents than I would have thought.

I think we could look at the age owner thread and see the highest percent of owners were in the 22-25 group I believe. Most are probably college students or young adults building a career (with or without college) and have chosen to save money by living with the parents currently. I was shocked when I saw that thread and saw such a high percent in the low 20 group.

StLRedrider 06-26-2009 09:44 PM

If i lived with my parents i sure as hell wouldn't have just a Z.

frost 06-26-2009 09:45 PM

Quote:

Originally Posted by StLRedrider (Post 100435)
If i lived with my parents i sure as hell wouldn't have just a Z.

qft. I'd be in a gtr or something if I didn't have the mortgage.

theDreamer 06-26-2009 09:47 PM

Quote:

Originally Posted by frost (Post 100437)
qft. I'd me in a gtr or something if I didn't have the mortgage.

Funny you guys say that, many people asked me why I did not wait a bit and just buy a GT-R. I did not want to be that college student.

StLRedrider 06-26-2009 09:52 PM

I'm thinking a big a%% boat for the Lake of the Ozarks.

One_Quick_Z 06-26-2009 09:56 PM

I own my house

I purchased it in the spring of 07 and was moved in by August due to remodeling the inside, I was 23 when I bought my house... Its 1600sqft with full basement and 2 1/2 car garage Detached on a 3/4 acre lot I love it!!!!



DAN



DAN

frost 06-26-2009 09:58 PM

3100 sq/ft, although I'm sure others' homes dwarf mine. Especially out in the country where the property is a lot cheaper. My grandparents have the same size house in the country and paid 1/3 what I had to in the Phoenix area.

StLRedrider 06-26-2009 10:15 PM

1400 square foot here, just me and 2 bloodhounds. Moved here to the big city from an 100 acre farm with a pre-civil war farm house. What a change. I miss the country.

leepeen 06-26-2009 10:18 PM

I live by myself in vancouver for studying, and my parents bought me 2.4 million(4000sf) house for family investment. Back in china, my parents live in 5 million house(9000sf) in hongkong.:ugh2:

In my dream:p

XenChi 06-26-2009 11:52 PM

Quote:

Originally Posted by alexanderb (Post 100381)
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.:hello:

m4a1mustang 06-27-2009 12:13 AM

I deal with a lot of wealthy clients that don't own a house. Lots of them rent (especially if they live in the city) and some may own some vacation property elsewhere.

Some people say it's a waste of money to rent, but for some people the ease of apartment living is worth it. It's as much a financial decision as it is one of personal preference whether you ultimately own or rent.

As far as the whole living with the parents thing... as soon as I graduated from school I lived with my parents for a while paying rent. I could have easily bought some ridiculous car and lived with them paying cheap rent but there's no way in hell I was going to do that. Like someone else said, it's all about priorities.

I sacrifice nothing to own my Z. I live in the apartment I want and have all the crap I want and need to call it home. The Z is just an accessory. I know a lot of people stretch to be able to afford the car that they really want, and many do it at the expense of their living standards. I know there are people that can only own their Z's because they are paying discounted rent at their parent's house. If they are content with being confined to living under their parents wing until they get a fat raise or pay their car off that's fine... but it's never something I could see myself doing.

m4a1mustang 06-27-2009 12:17 AM

Quote:

Originally Posted by alexanderb (Post 100381)
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 (Post 100671)
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 (Post 100694)
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.

didymus 06-27-2009 10:41 AM

It also depends on the cost of living in your area, in some places the housing market is much more favorable.


All times are GMT -5. The time now is 01:26 AM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2