I noticed that Raincity has disabled all comments for Rhonda's regular interest rate postings. They aren't just cherry picking particular comments for deletion anymore.
Unfortunately, the discussions around Rhonda's interest rate postings were the only ones that interested me on the site. All the missives about neighbourhoods, living in Seattle, and ethics, don't interest me all that much.
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Raincity has blocked ALL discussion of interest rates
Moderators: synthetik, The Tim, Lake Hills Renter
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Raincity has blocked ALL discussion of interest rates
by sniglet » Sat Jun 23, 2007 9:58 pm
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by twistjusty » Sun Jun 24, 2007 6:54 am
Why not go to Rhonda's own site and participate in the interest rate topic chatter there?
"A society in which consumption has to be artificially stimulated in order to keep production going is a society founded on trash and waste, and such a society is a house built upon sand." -- Dorothy L. Sayers
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by Alan » Sun Jun 24, 2007 6:28 pm
Grad students in Texas earned a stipend of around $1400/month in Texas (after taxes -- also included health insurance). Her PITI should probably max around $600. Say that condo fees and insurance eat $200 (which is being generous). With $400 she could finance a little under $70k (and that isn't taking into account taxes).
Say that she has a $50k down payment (which is being generous but not uncommon) and she could buy a $120k condo.
for under $150k (I believe she has indicated she wants to live in Seattle). Both are under 400 square feet. You can live pretty simply as a graduate student.
But say she was willing to get a roommate. Average $300/month for rent (because they may move out over the summer or they might be flakey). That increases the amount she can finance to $120k (but makes her dependent on having a roommate). That increases the inventory to nine.
But maybe she has a line on a fantasticly paying job that will also allow her to attend graduate school.
It should be interesting to see how she does.
Say that she has a $50k down payment (which is being generous but not uncommon) and she could buy a $120k condo.
for under $150k (I believe she has indicated she wants to live in Seattle). Both are under 400 square feet. You can live pretty simply as a graduate student.
But say she was willing to get a roommate. Average $300/month for rent (because they may move out over the summer or they might be flakey). That increases the amount she can finance to $120k (but makes her dependent on having a roommate). That increases the inventory to nine.
But maybe she has a line on a fantasticly paying job that will also allow her to attend graduate school.
It should be interesting to see how she does.
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by Eleua » Thu Jun 28, 2007 4:39 pm
If interest rates were not a problem, they would welcome comments. SInce they have turned them off, you know they are worried.
Lovin it!
Now, if we could get people to go over to
http://soundbiteblog.com and shake that cage...
Lovin it!
Now, if we could get people to go over to
http://soundbiteblog.com and shake that cage...
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- Location: Poulsbo
It's official
by The Tim » Fri Jun 29, 2007 11:31 am
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