[FairfieldLife] Re: Unreal estate

2005-10-13 Thread jim_flanegin
--- In FairfieldLife@yahoogroups.com, TurquoiseB [EMAIL PROTECTED] wrote:

 I've noticed that a lot of folks here are interested
 in real estate.  Here's a Forbes slide show of the
 ten (really 12) most expensive homes on the market
 in the US.  None of them is in Fairfield.  All of 
 them, in my opinon, are God's way of telling people
 they have *far* too much money.

It is God's way of testing them, as we are all tested. This awareness 
has stopped me from coveting other's money, looks, power,celebrity,  
circumstances, etc. If each of us were given any of these things, we 
would remain the people we are today. If we want those things bad 
enough we will get them. Then the real fun begins!





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[FairfieldLife] Re: Unreal estate

2005-10-13 Thread TurquoiseB
--- In 
FairfieldLife@yahoogroups.com, tomandcindytraynoratfairfieldlis 
[EMAIL PROTECTED] wrote:

 The interesting thing about property is you eventually realize you
 don't own it. It Owns You. Tom

Exactly why I've never bought a house.  I've watched
so many friends go crazy trying to keep up with their
investment that the whole scene appears to me to be
one of the most effective means ever invented for
creating stress and unhappiness.







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Re: [FairfieldLife] Re: Unreal estate

2005-10-13 Thread Bhairitu
TurquoiseB wrote:

--- In 
FairfieldLife@yahoogroups.com, tomandcindytraynoratfairfieldlis 
[EMAIL PROTECTED] wrote:
  

The interesting thing about property is you eventually realize you
don't own it. It Owns You. Tom



Exactly why I've never bought a house.  I've watched
so many friends go crazy trying to keep up with their
investment that the whole scene appears to me to be
one of the most effective means ever invented for
creating stress and unhappiness.

  

My house though an older home doesn't require a lot of keeping up.   I 
guess I was lucky it was well taken care of to begin with an most 
upcoming issues will be easy to deal with.   The equity is nice to have 
compared with that money going down the drain with rent.   Of course 
with rent one isn't tied down as much and maintenance is up to the 
landlord which will work as long as they are responsive. 

Also the purchase came at a time when the corporatized apartment complex 
I lived in had its rents becoming unreal and I realized I could own a 
house for the same fee.  And since the house value has almost doubled.   
The scheme of course is the amount I save in taxes because of the 
mortgage interest deduction which could be threatened by the new 
taxation proposal (though I think will be difficult to pass).

And it was also nice to have a garage to park my car in (unlike my 
neighbors who seem to use theirs for storage).   At the apartment 
complex jerks were always parking in my assigned spot with little where 
else to park temporarily.  And the complex became reluctant to call the 
tow trucks.



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