On Sat, 14 Jan 2017 18:08:43 -0600, Leon lcb11211@swbelldotnet
wrote:
On 1/14/2017 5:23 PM, wrote:
On Sat, 14 Jan 2017 10:47:45 -0600, Leon lcb11211@swbelldotnet
wrote:
On 1/14/2017 10:04 AM, DerbyDad03 wrote:
On Saturday, January 14, 2017 at 9:20:41 AM UTC-5, Meanie wrote:
On 1/14/2017 12:11 AM, DerbyDad03 wrote:
On Friday, January 13, 2017 at 11:27:41 AM UTC-5, Leon wrote:
On 1/13/2017 9:19 AM, Spalted Walt wrote:
Home Depot was all out of Siberian Larch lumber so I **** canned this
project. ^º^
https://www.youtube.com/embed/xj4gSMdaaxE?autoplay=1
Shipping cost for a used one from Lohmar, Germany?
https://www.machinio.com/listings/15...lohmar-germany
I love those videos
At 15:35 he makes a zero clearance insert. What do you think that
pre-drilled - complete with leveling screws - blank is made from?
What do you think spares for different sized zero clearance inserts cost?
I vote for "not cheap".
It's similar to buying a luxury vehicle such as Mercedes, BMW or a
higher end brand. If they can afford it, they can afford the parts and
service when needed.
I have never subscribed to that argument. It all depends on how you are
using the word "afford", which is usually defined as "to have enough money
to pay for".
"If they can afford a pool, they can afford a pool maintenance man."
"If they can afford a house with a huge lawn, they can afford a landscaper."
"If they can afford luxury car, they can afford the parts."
Correct
Buying and affording are very different animals.
Many people buy vehicles or homes but mostly on credit because they
cannot afford/don't have the cash to buy any other way.
I imagine that exceedingly few buy their first house with cash. I
don't have an issue with mortgages.
Neither do I but during the government guaranteed loans fiasco a very
large number of people qualified for homes that they should not have
qualified for. They were strapped for every penny and when things
happened and there was not enough money to make a mortgage payment it
all went to hell in a hand basket.
If they had a fixed mortgage, it wouldn't have mattered. If I lost my
job, I would have had a problem, too. The issue wasn't mortgages that
were too large, rather people were sold ARMs. At the cost of money,
at the time, ARMs were downright stupid.
Think about the housing mortgage crisis 9 years ago.
What about it? I had no issues, even bought an sold a house. If you
had good credit, there was no issue. Some fools had ARMs. They
didn't do so well, of course.
It did not bother or my wife either, but we were not buying or trying to
sell in 2008.
I did (sold at the end of '07 and bought in August '08). No issues. I
did lose $30K in '11/'12 on my house but I'll more than make that up
on this one (it was a foreclosure - now "worth" almost twice what I
paid for it).
In Houston housing prices dipped to what they should be
and selling was tough as there were many foreclosures that were dirt cheap.
Either way there are many people that were able to keep their homes but
are finding that with demand going back up and property values going up
it is causing taxes to go way up. They can no longer afford those
homes. I pay about 3% in property taxes each year. Many near by places
have a higher rate.
Then the property taxes should have been going down when the values
tanked. I pay about 1%. It was more like .5% on my last house. ;-)
Taxes were on the list of the reasons we left Vermont. There was no
way I could retire, given that cost of living. I don't see a reason
to live where it's more expensive than necessary.
So while those home owners technically could afford to buy the houses,
they could not afford the expenses that came with those homes.
The basic problem was they had ARMs and were trapped by falling
values. "Homes will always increase in value."