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How much is your rent /mortgage?

OK I hope we all understand when someone says they pay $1200 month mortgage that it`s not necessarily the top price of their house. TQpew`s parents that own a 900,000 house could be paying $750 mortgage! They might have purchased the house for $140,000 many years ago and now is worth 900k.

My point is not everybody is fully mortgaged, some may be 50%, some 20%, some 80%.

On another note, those are some cheap ass rents you guys are paying. Damn! Also, 30 and 40k for a house? lol

I hate New Jersey.
 
Bebe Girl said:
Yep,,, thats LI for ya!!

I have family that lives in Cary. Its a nice area! :) A lot of NYers moving down there..

so that's who lives next to me, or it could be the new yorkers on the other side of me, or the ones behind me. we call cary the Containment Area for Relocated Yankees. :)
 
TQpew said:
so that's who lives next to me, or it could be the new yorkers on the other side of me, or the ones behind me. we call cary the Containment Area for Relocated Yankees. :)


heheh ... you know what you guys need down there .. a deli that sells breakfeast snadwhiches. :)
 
Bebe Girl said:
heheh ... you know what you guys need down there .. a deli that sells breakfeast snadwhiches. :)

oh, we got em. also got an italian guy from brooklyn who sells "real ny pizza". soooo good.
 
My new mortgage is $150 a month less than my rent. The bummer is that I'm stuck in my lease through August which means another 3 months of paying both. :)
 
lets just say sq. foot for sq. foot I live on some of the most overvalued beach real estate in ca...anyone wanna talk rip off...
 
long beach cali.

$1350/month rent. 2br 2bath condo.

Some say you should buy. I'd love to, but in LA that means $500g's and $2500/month mortgage just so some seller can make $150k profit off of you. I don't have $1150 extra just lying around to pay for the higher mortgage cost. Home ownership, people keep forgetting -- requires more cost to you per month, plus huge upfront downpayment. Paying $30,000 in rent for 3 years is worth it, if house prices fall enough to where you can now buy that same house for $50k less. Erases ALL that rent cost you've paid just like that. All cuz you waited and shopped around for a good deal.
 
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