http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/ Going From Good To Great Fri, 05 Dec 2008 09:23:50 +0000 http://wordpress.org/?v=2.2.3 http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/#comment-6643 Kyle Fri, 04 Apr 2008 05:32:41 +0000 http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/#comment-6643 I discovered long ago that most people do not have any financial sense. Need an example? Have you ever noticed how many of your colleagues buy coffee at Starbucks in the morning? How many of them order a venti mocha or latte? That's $5 per drink, times 5 days a week, times 52 weeks. Grand total $1300. Now, how many of those colleagues can afford that expense? I bet you can't say all of them. If $1300 is not that much to you, consider this: how many of the same colleagues also go out for lunch every day? I discovered long ago that most people do not have any financial sense. Need an example? Have you ever noticed how many of your colleagues buy coffee at Starbucks in the morning? How many of them order a venti mocha or latte? That’s $5 per drink, times 5 days a week, times 52 weeks. Grand total $1300. Now, how many of those colleagues can afford that expense? I bet you can’t say all of them. If $1300 is not that much to you, consider this: how many of the same colleagues also go out for lunch every day?

]]> http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/#comment-6618 terrence Thu, 03 Apr 2008 05:23:58 +0000 http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/#comment-6618 I want to buy relatively soon too but I probably will continue to hold out for a little while longer than you. Considering prices went up well over 100%, I don't think we have quite reached the bottom. Not trying to bottom pick mind you, just some other factors in my life that need to sort themselves out. I want to buy relatively soon too but I probably will continue to hold out for a little while longer than you. Considering prices went up well over 100%, I don’t think we have quite reached the bottom. Not trying to bottom pick mind you, just some other factors in my life that need to sort themselves out.

]]> http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/#comment-6607 Tyler Wed, 02 Apr 2008 21:20:43 +0000 http://www.doublejourney.com/2008/04/01/my-housing-crisis-solution/#comment-6607 I totally agree; they're bailing out the wrong people. I'm looking to buy something in the next 6-8 months and I'm curious as to how much they're going to say I qualify for. I've got excellent credit (because I stay within my means) and I know how much I want to spend monthly, but I want to know how much they're going to tell me I can "afford". I totally agree; they’re bailing out the wrong people. I’m looking to buy something in the next 6-8 months and I’m curious as to how much they’re going to say I qualify for. I’ve got excellent credit (because I stay within my means) and I know how much I want to spend monthly, but I want to know how much they’re going to tell me I can “afford”.

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