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pain is starting to bite in Bellevue...
Moderators: synthetik, The Tim, Lake Hills Renter
48 posts
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pain is starting to bite in Bellevue...
by sniglet » Thu Dec 13, 2007 3:14 pm
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by EastSiderenter » Thu Dec 13, 2007 3:43 pm
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by perfectfire » Thu Dec 13, 2007 5:16 pm
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by Markor » Fri Dec 14, 2007 7:47 am
You don't care so much about depreciation on a $500K condo when you're 60 years old with a net worth of $2+ million and live to shop. You already have a taste for expensive things that plummet in value the moment you walk out of the store. You might be in a nursing home in 10 years, and you can't take it with you--regardless what happens to the condo's value, you'll still be able to afford assisted living. Besides, you made a big chunk of your money in real estate, and you think the housing downturn is just another valley before the next higher peak.
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Re: pain is starting to bite in Bellevue...
by Markor » Fri Dec 14, 2007 8:01 am
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by wreckingbull » Fri Dec 14, 2007 8:23 am
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by wreckingbull » Fri Dec 14, 2007 8:50 am
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by Lake Hills Renter » Fri Dec 14, 2007 10:51 am
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48 posts
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