|
After being an avid follower of this thread and GreaterFool, I actually just closed on our first home today and get the keys tomorrow, so this conversation is very pertinent.
Having broken down the numbers, with all housing and living expenses we are only just over half of our take-home incomes.
We were renting a 7-year old 2br 880sqft high rise in Richmond and bought an 8-year old 3br 1200 sqft low rise in Richmond. Home ownership costs (mortgage, strata, taxes) are an additional $350/mo vs renting.
__________________
Quote:
Originally Posted by skyxx
Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
|
2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold
100% Buy and Sell Feedback
Last edited by sonick; 12-11-2014 at 02:53 PM.
|