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Old 2008-07-28, 04:16 PM   #18
MPREZIV
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Real Name: Le Stig Afrique?
Join Date: Jun 2005
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Quote:
Originally Posted by sperry View Post
No doubt. I was living in San Luis Obispo at 21, where a 2 bedroom apartment required four people to be affordable at $1600/mo (and those are 1998 dollars), it was tough to make ends meet even getting financial help from the folks at the time.

But I don't know Em's situation. If she's got a $1000/mo budget, I think looking into renting a house is the way to go because you can get so much more for the money than an apartment, simply because there are a ton of people with "extra" houses they bought as investments that they're forced to rent because they're worth $100,000 less than they owe on 'em. You'd think you could hook up a nice place for relatively low money. For example, the place Lisa and I were renting before we bought our current house we were paying only $1350 for... and that was a 1400sqft 3 bedroom place, with pretty damn large bedrooms. $1350 is about what I was paying when I lived in a 3 bedroom unit on South Meadows 5 years earlier!
I totally see where you're coming from! My place right now: 1225 sq ft, 2 master bdrms, 2.5 bath, 2 car garage, hot tub, etc., $950 a month. My sis owns the place, and she's in the boat you mentioned, second "investment" house, that she's now forced to rent.

I do know that Em is in the "21 and broke as hell" situation tho... so there's big limits.
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