Will the economy ever make a come back?!
- Thread starter fords8
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IL taxes is a scam.
**** straight.
Unfortunately, the job market also sucks big time for some of us, and we aren't able to find jobs in another state before we make a move.
Oh and if I moved to StL, I'd have to put up with freaking Cardinals fans every time I wanted to go to a baseball game :snicker: Might be worth the extra taxes not to have to be subjected to that.
Or try small town IA...$660 a year for taxes...3BR/1BA house on a double lot with a garage almost as big as the house...We have a Blue Ribbon PK-6 school with an average class size of 14...I can't remember the last time there was a crime...other than a few drunks or domestic disagreements...
We paid $25K for it 27 years ago, have put in about $30K over the years...mostly updates...could sell it for $60K-$70K if we so chose...
That's only because you were a renter so you're able to take advantage of the current low prices. If you had a "starter" house you would be in the same boat as so many. Even if you had put down a decent down payment, chances are it wouldn't be worth what you would still owe so you wouldn't be able to sell to get the house in St.L.
Oh and I totally agree.................tons of jobs that "require" a degree shouldn't. DH has risen up in his company over the past 12 years and is now a key staff member with lots of peeps under him, running departments and making a nice salary and he never graduated college.
When I worked, I worked in HR.........jobs that required a degree which I had, but totally didn't need to do that job. I'm TOTALLY ready for my kids to not do a traditional 4 year school now like I hoped for when they were babies.
I like St Louis.
I wish DH doesn't think St Louis made up of all bad crime neighborhoods.
IL property taxes is a scam.
There is little to no crime in the suburbs. All the crime is downtown and people only go there for sporting events. I went to tons of Cardinals games down there with one of my friends in high school. As two young girls we never had an experience were I felt in danger.
:hides: Ummmmm, we talked to one realtor so far, she expected in the 700K's for us. :hides: More to talk to. This is a fantastic school district we are in here...that's why prices are so good for us, plus interest rates are low, and people that are looking to buy, see all the families out playing,....bingo!
Kind of bitter/sweet for us tho. Dh's father is not well at all, and that is the reason for us to move. Can't keep both places going.
Wow that's great Steve! :hiphip: Sorry to hear about mistah's Dad though.
So where abouts do you think you want to move to? :bee:
We would have never bought a house in Chicago before the burst. We looked in Chicago after prices went down and there was nothing desirable in our price range. We qualified for a larger mortgage, but I wasn't willing to spend that much per month. So waiting worked out perfectly for us. While it does suck for people that are seriously upside down on their houses the housing bubble had to burst. Think about what a starter home would have cost for our children if the prices kept going up at the rate that they were.
Wow that's great Steve! :hiphip: Sorry to hear about mistah's Dad though.
So where abouts do you think you want to move to? :bee:
We would be going to Dh's parents house in FL. The one I posted pics of.
His mom is gone, and his dad is at a senior center, but would more than likely move back home with us.
I get to be Blanche!!! any dibs on the rest of the Golden Girls!!! :lol:
Pretty much anywhere you would have bought would be upside down. We bought in 2000..........paid $87k and it's now "worth" $66k. I don't think $87k was too inflated for our house at that time. :9:
Don't necessarily agree that you would be underwater most anywhere. If you bought a house with 20 percent down in an area with a good school district you probably wouldn't be underwater. Looked up the price of our house at the height of the boom and we wouldn't be underwater now. For all those that are underwater, it is a matter of waiting until prices recover or walking away.
Yeah, and the solution to that was WWII at a cost of some 55-75 million dead, about 3.5 percent of the earth's population at the time. Don't think that will happen this time around as that would translate to 250 million dead this time.
