11-01-2007, 12:47 PM
HAULN-SS Wrote:Mike Wrote:HAULN-SS Wrote:Right, that's my point. I can't buy around here on one income, so I sacrifice 2 hours of my day driving. I would probably still do that even if I COULD afford half a mil mortgage, because to me saving the money is worth more than saving the time. If i bought the same house around here, it'd probably cost 300k more. Also - for hours, i'd call it more like 3 * 200 = 600 hours. 600 hours times say...4 years that I stay there. = 2400 hours. So basically keeping the math simple, I'm paying myself 125$/hour to make the drive. Not including equity being built into the house.
where in the heck was your math? 2400 lost hours * $125 = you really think you're going to come out $300k on top after four years? you're soooooo far off it's not even funny... its shocking.
300k is the difference between buying this house where it sits, and buying it next to the beltway.
ah ok, so renting is an impossibility in your book...
ooooook!
I Am Mike
4 wheels: '01 RAV4 (Formerly '93 Civic CX, '01 S2000, '10 GTI, '09 A4 Avant)
2 wheels: '12 Surly Cross-Check Custom | '14 Trek Madone 2.1 105 | '17 Norco Threshold SL Force 1 | '17 Norco Revolver 9.2 FS | '18 BMC Roadmachine 02 Two | '19 Norco Search XR Steel (Formerly '97 Honda VFR750F, '05 Giant TCR 2, '15 WeThePeople Atlas 24, '10 Scott Scale 29er XT, '11 Cervelo R3 Rival, '12 Ridley X-Fire Red)
No longer onyachin.
4 wheels: '01 RAV4 (Formerly '93 Civic CX, '01 S2000, '10 GTI, '09 A4 Avant)
2 wheels: '12 Surly Cross-Check Custom | '14 Trek Madone 2.1 105 | '17 Norco Threshold SL Force 1 | '17 Norco Revolver 9.2 FS | '18 BMC Roadmachine 02 Two | '19 Norco Search XR Steel (Formerly '97 Honda VFR750F, '05 Giant TCR 2, '15 WeThePeople Atlas 24, '10 Scott Scale 29er XT, '11 Cervelo R3 Rival, '12 Ridley X-Fire Red)
No longer onyachin.