First house I bought was a 4 bed, 2 bath brick on two acres of land with trees and fence... total cost $8,000. Decent school within walking distance, nice neighborhood.
That property has now been Bulldozed, and there is a 12 unit condo on it.. no yard... no trees. school is closed. Neighbors are "bad" [ie. it ain't safe after dark], and each unit sells for $280K. plus taxes, condo fees, et al .. ad nausium... Progress? When I bought the place I was making $100 a week, plus overtime. I paid it off in full ahead of time... mostly from side jobs.. The poor slacks living there now don't have a chance... and if they did own a "condo" , do they really "own it' ? [IMHO ,,, not really] Grant... On Tue, Jun 11, 2013 at 1:19 PM, Scott Ritchey <ritche...@nc.rr.com> wrote: > > If that was pre 1970 when gold was $35 an ounce, the same down payment (134 > ounces of gold) today would be 188K. The problem isn't expensive houses, > it's worthless currency. > > -----Original Message----- > From: Mercedes [mailto:mercedes-boun...@okiebenz.com] On Behalf Of Andrew > Strasfogel > Sent: Tuesday, June 11, 2013 3:17 PM > To: Mercedes Discussion List > Subject: Re: [MBZ] starving youngsters > > My first down payment was $4,700. > > On Tue, Jun 11, 2013 at 10:46 AM, WILTON <wilt...@nc.rr.com> wrote: > > > Yep, 'sounds familiar. > > > > Wilton > > > > ----- Original Message ----- From: "Randy Bennell" <rbenn...@bennell.ca> > > To: "Mercedes Discussion List" <mercedes@okiebenz.com> > > Sent: Tuesday, June 11, 2013 10:30 AM > > Subject: Re: [MBZ] starving youngsters > > > > > > > > On 10/06/2013 5:39 PM, Scott Ritchey wrote: > >> > >>> > >>> clay wrote: > >>> > >>>> There are more starving younglings out there needing to make a stake > so > >>>> > >>> they can produce more workers. > >>> I don't know about starving, but there are a lot of younglings out > there > >>> that need to be told (or retold) that the world does not owe them a > >>> living. > >>> > >>> > >>> > >>> ______________________________**_________ > >>> > >>> Maybe but my boys are both working hard. My elder son is in Ottawa > >> working as an intern architect. > >> My younger son is here working as a mechanic. > >> I worry about them getting into homes. > >> An average house here is worth about $300K now so one needs over $30K to > >> get the keys. > >> Becoming more difficult for the kids to get started. > >> My wife and I bought in 1981 with abou $3K down. > >> > >> Randy > >> > >> ______________________________**_________ > >> http://www.okiebenz.com > >> For new and used parts go to www.okiebenz.com > >> To search list archives > http://www.okiebenz.com/**archive/<http://www.okiebenz.com/archive/> > >> > >> To Unsubscribe or change delivery options go to: > >> > http://mail.okiebenz.com/**mailman/listinfo/mercedes_**okiebenz.com< > http://m > ail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com> > >> > > > > > > ______________________________**_________ > > http://www.okiebenz.com > > For new and used parts go to www.okiebenz.com > > To search list archives > http://www.okiebenz.com/**archive/<http://www.okiebenz.com/archive/> > > > > To Unsubscribe or change delivery options go to: > > > http://mail.okiebenz.com/**mailman/listinfo/mercedes_**okiebenz.com< > http://m > ail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com> > > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
