<< Personal Finance Update: May 2007 Regarding Dennis Kucinich >>
Value
In my last post, I criticized myself for buying a house in Florida at the height of the housing bubble. From a financial point of view, I feel this was perfectly fair. However, in the interests of showing the full story, I would like to share a few of the non-financial factors that went into the selection of my home.
This was the view from my front door at 6:30 this morning:
The air was a soft 68*F, so I decided to clear my head and go for a walk. Fifteen minutes later, I was here:
No, I am not a rich man, but I do live walking distance from the Atlantic Ocean, and that’s pretty damn awesome if you ask me. This is what I am looking at as I write this post:
For those feeling envious, do not despair! My neighbors homes are selling for $250k, and may be even cheaper a year from now.
Chin up, America. It is time for us to begin a new day.
Please note: the macbook’s built-in camera does not even begin to do this sunrise justice.
Hungry for more?
If you stay there for 10, 20, 30 years, buying at the height of the bubble doesn’t really matter.
And if you don’t, and you ‘lose money’ when you sell, then consider it money well-spent.
A home is not always an investment.
Just because people in the past saw their homes’ values increase dramatically, doesn’t mean yours will. And that’s OK.
As long as you’re throwin’ in with Jesus, you’ll be fine.