Comments on: Real Estate Investing For The Long Haul? It Matters What Price You Pay Today. http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/ A Vancouverite's journey to financial freedom. Fri, 21 Nov 2008 18:40:24 +0000 http://wordpress.org/?v=2.1.2 By: Mortgage Business » Real Estate Investing For The Long Haul? It Matters What Price You Pay Today. http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-635 Mortgage Business » Real Estate Investing For The Long Haul? It Matters What Price You Pay Today. Sun, 28 Oct 2007 19:17:34 +0000 http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-635 [...] Virginia Real Estate News wrote an interesting post today onHere’s a quick excerpt The best time to plant a tree was twenty years ago. The second best time is now. The Chinese who came up with this proverb sure wasn’t thinking of Vancouver real estate … I’m in it for the long-haul. Real estate always goes up.” That may be so, but the perseverance [...] […] Virginia Real Estate News wrote an interesting post today onHere’s a quick excerpt The best time to plant a tree was twenty years ago. The second best time is now. The Chinese who came up with this proverb sure wasn’t thinking of Vancouver real estate … I’m in it for the long-haul. Real estate always goes up.” That may be so, but the perseverance […]

]]> By: J at Home Finance Freedom http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-636 J at Home Finance Freedom Sun, 28 Oct 2007 19:40:33 +0000 http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-636 Hello. You make a very good point against the common but strange industry advice to ignore price (buy, buy, buy), and I made a similar point using a Vanguard fund for a Wall Street example of money lost in hibernation (click name link if interested). Hello. You make a very good point against the common but strange industry advice to ignore price (buy, buy, buy), and I made a similar point using a Vanguard fund for a Wall Street example of money lost in hibernation (click name link if interested).

]]> By: telly http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-639 telly Mon, 29 Oct 2007 15:20:33 +0000 http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-639 Another thing that has bloaeted RE prices is the introduction of 30, 35, and even 40 year mortgages. These have become VERY popular since their introduction. IMO, they're just delaying the inevitable (bubble). Another thing that has bloaeted RE prices is the introduction of 30, 35, and even 40 year mortgages. These have become VERY popular since their introduction. IMO, they’re just delaying the inevitable (bubble).

]]> By: Nancy (aka money coach) http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-640 Nancy (aka money coach) Mon, 29 Oct 2007 17:11:23 +0000 http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-640 I LOVE the quote - on a micro-level, it applies to people who have ignored their finances for half their life. While there is a price to be paid, literally, it's still the 2nd best time to start. Do you know the source of the quote? I LOVE the quote - on a micro-level, it applies to people who have ignored their finances for half their life. While there is a price to be paid, literally, it’s still the 2nd best time to start. Do you know the source of the quote?

]]> By: Warren http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-641 Warren Mon, 29 Oct 2007 18:09:04 +0000 http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-641 I agree that real estate is insane in this city, and it will have to come to an end. In a more "normal" market, it might make long term sense for an individual to buy, almost as a form of forced savings (the equity portion of their payment), but if you manage your money carefully, think long and hard about home ownership. Rent vs. mortgage is one consideration, but there is a lot more that goes into owning and maintaining a home, especially a SFH with some property. I agree that real estate is insane in this city, and it will have to come to an end.

In a more “normal” market, it might make long term sense for an individual to buy, almost as a form of forced savings (the equity portion of their payment), but if you manage your money carefully, think long and hard about home ownership. Rent vs. mortgage is one consideration, but there is a lot more that goes into owning and maintaining a home, especially a SFH with some property.

]]> By: Financial Jungle - » Picking Up Hard Real Estate The Soft Way http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-771 Financial Jungle - » Picking Up Hard Real Estate The Soft Way Fri, 28 Dec 2007 08:26:49 +0000 http://financialjungle.com/2007/10/28/housing/real-estate-investing-for-the-long-haul-it-matters-what-price-you-pay-today/#comment-771 [...] always go up. Suppose you bought a home in Vancouver during the peak of 1980, it would have taken 26 years to recover your [...] […] always go up. Suppose you bought a home in Vancouver during the peak of 1980, it would have taken 26 years to recover your […]

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