Seattle Bubble Forum Archive

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.

Why not go to Rhonda's own site and participate in the interest rate topic chatter there?

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.

Next time tell them about your law blog.

*sigh*

I miss Arrested Development.

Curse you, Fox. Curse you.

http://www.youtube.com/watch?v=66mu3lwqtbI

At least I wasn't lobbing a law bomb

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...