TO: Anyone who has purchased a home..

[LMNO]

Oh. You seem to be mistaken. Buying a home is not exciting. OWNING a home is exciting. Buying a home SUCKS TOTAL ASS AND NO ONE TRUSTS YOU, EVER. Then you have to spend an entire day signing over your entire life.

And I'm speaking from a position of upper white class exceptionalism, which includes a 20% downpayment.

[AFK]

True that.  Although even owning a home can have its drawbacks every now and again.  Like when all of the shit seemingly breaks at once. 

[Adios]

True that.  Although even owning a home can have its drawbacks every now and again.  Like when all of the shit seemingly breaks at once. 

Or the economy tanks and your home loses 2/3 of it's value overnight.

[Cain]

I'm impressed that people in America can still afford to own homes.

Seriously, no-one of my generation who isn't a stockbroker or banker is going to be able to afford a home.  Shit, I've known that without a catastrophic market crash, I'll never own a home since I was about 13. 

Lets put it this way.  The average house price in the UK is £228,000.  The average income in the UK is £22,800.

This is why I've resigned myself to renting for life.  Or owning property abroad (which is very feasible, with my current job).

[Adios]

I'm impressed that people in America can still afford to own homes.

Seriously, no-one of my generation who isn't a stockbroker or banker is going to be able to afford a home.  Shit, I've known that without a catastrophic market crash, I'll never own a home since I was about 13. 

Lets put it this way.  The average house price in the UK is £228,000.  The average income in the UK is £22,800.

This is why I've resigned myself to renting for life.  Or owning property abroad (which is very feasible, with my current job).

Most can't, they have just been convinced that they should at all costs. Which resulted in a giant mortgage scam and subsequent market crash.

Terri and I are seriously considering buying a motor home and living in it.

[Suu]

If you can afford it and get a fixed rate, it's a sound investment, and in some cases can be cheaper than renting anyway.

[AFK]

Maine has a great first-time home buyer's program.  You get a great, low, fixed rate, and there were points off of the closing.  You do have to sit through a multi-week homeowners class, but that's nothing for what you get in return.  It allowed us to get a house that was on the upper end of what we were thinking we could afford to purchase.  It ain't no mansion or anything, but we have a nice sized yard in a nice quiet neighborhood.  The only thing that sucks about this house is the one bathroom.  But after I get my basement finished I'm going to look into having a half-bath put down there. 

[PopeTom]

Oh. You seem to be mistaken. Buying a home is not exciting. OWNING a home is exciting. Buying a home SUCKS TOTAL ASS AND NO ONE TRUSTS YOU, EVER. Then you have to spend an entire day signing over your entire life.

And I'm speaking from a position of upper white class exceptionalism, which includes a 20% downpayment.

And if you can't afford 20% down you can still buy a home (possibly with as little as 3% down) but rather than spend an entire day signing over your life there will be short breaks so you can be ass rapped by a baboon.