(01-10-2019, 01:26 PM)D_Eclipse9916 Wrote: That's fair, if you are good about paying down home equity; its not a horrible return between home price increase and reducing interest on a cost.
I didn't even want to own a house in Seattle, but we bought because I saw what was starting to happen to the market. We've been incredibly lucky in that we're sitting on enough equity that we could pay for a four year ivy league degree just by pulling the equity out. The market here has softened a lot, but we've got 17 years so I'm thinking a good bit will still be there when he goes to college.
We pay $1,000/month for our in-home nanny's 14 hours/week. We could save money by using childcare, but the wife's income prospects are pretty low with a masters in art history. In most cases, we'd be lucky to break even... and she'd rather be a SAHM than pursue a career in something she doesn't enjoy. We end up spending a good bit more than that with date nights, travel, and overnight care (we have zero family anywhere near us), though.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth