Started By
Message

re: I put my money where my mouth was - I'm out baby, I'm out!

Posted on 12/23/08 at 8:24 pm to
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 12/23/08 at 8:24 pm to
quote:

Welcome to the wonderful world of renting.

I've been doing it since June 2005.

You know this is going to warp your daughters for their entire lives, right?

They will most likely grow up to be DZ's at lsu.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 12/23/08 at 8:25 pm to
Maybe I should clarify that to say "I'm not saying the middle-income housing won't go lower, because it definitely will..."
Posted by just me
Front of the Class: Schooling You
Member since Mar 2006
34489 posts
Posted on 12/23/08 at 8:31 pm to
quote:

You know this is going to warp your daughters for their entire lives, right?

They will most likely grow up to be DZ's at lsu.
They don't really care very much.


And although they love LSU, I've already started them thinking about going somewhere in Georgia. I see them in red and black for college.
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 12/23/08 at 8:52 pm to
quote:

You got out a good time, I think sales on this size house will plummet in the next five years. Sheeple will be scared into actually living within their means.


I was describing our new rental house. I got out of my house at about 190/ft. I think it's going to at least 150 if not lower. My new personal rule is never pay more than 15X rent.
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 12/23/08 at 10:05 pm to
quote:

And although they love LSU, I've already started them thinking about going somewhere in Georgia. I see them in red and black for college.

Yellow and Blue would be much better. My alum!

With your genes, GA southern is the more likely option. Maybe if they are lucky kenesaw.
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 12/23/08 at 10:08 pm to
quote:

My new personal rule is never pay more than 15X rent.

for the non ivy league grads (even if second tier ivy), what exactly is 15x rent?
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 12/23/08 at 10:09 pm to
15 times annual rent
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 12/23/08 at 10:11 pm to
Seems a little high to me.

Our rental house would sell for about 290-310, and that would price it at 238k. I think this fricker can go a lot lower. I guess maybe rents will fall too.
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 12/23/08 at 10:28 pm to
You mean it sounds a little low?
Posted by SnowMan77
Baton Rouge, La
Member since Oct 2008
2242 posts
Posted on 12/23/08 at 10:48 pm to
15x rent is too high in many cases.
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 12/24/08 at 10:30 am to
quote:

15x rent is too high in many cases.


I wonder how many houses in this country are below that threshold.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 12/24/08 at 2:47 pm to
LINK

More credence to the low/middle income housing vs. high income housing being discussed earlier in the thread.
Posted by Fat Man
Gotta Luv Cov ... ington
Member since Jan 2006
7059 posts
Posted on 12/24/08 at 3:40 pm to
quote:

And although they love LSU, I've already started them thinking about going somewhere in Georgia. I see them in red and black for college.


+1. #2 son graduated UGA last Spring, though raised a Tiger thru & thru. It was a great college experience and he ended up with a position in Atlanta that he would not have had a chance for had he been at LSU.
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram