Zillow Advice: Home Buying - Stupid Question of the Day

If you blew the engine on ...

Sat, 29 Sep 2007 01:29:00 GMT

If you blew the engine on the Rolls, it would still be worth more next year.

I'll take the Rolls to get ...

Fri, 28 Sep 2007 23:17:00 GMT

I'll take the Rolls to get the chicks. ;-)

Why not rent a car. haha ...

Fri, 28 Sep 2007 16:19:00 GMT

Why not rent a car. haha for all the renters out there that want to look cool at a fraction of the price.

Now THERE'S THE SPIRIT!!! ...

Fri, 28 Sep 2007 02:47:00 GMT

Now THERE'S THE SPIRIT!!! No personal reponsibility for what they've done. [I'd like to have the pony....oh, and the wine collection]

Stupid developer. He should ...

Fri, 28 Sep 2007 02:43:00 GMT

Stupid developer. He should have operated under an LLC so that his personal assests are protected...

Oh, friend bought the car ...

Fri, 28 Sep 2007 02:37:00 GMT

Oh, friend bought the car in BKR case; no one else even bid on the damn thing. (red convertible)

Alpine, This is just one ...

Fri, 28 Sep 2007 02:36:00 GMT

Alpine,

This is just one of many BKR filings in the Southern District;

http://realestatemiamifl.wordpress.com/2007/09/12/scrambling-to-get-out-of-debt-miami-developer-gives-up-fortune/

Two years ago a friend bought a Porsche for $35K and the car only had about 38K miles with a virtually pristine appearance - one owner (a doctor against whom I had a J that decided he was just not going to pay - neglected to list the Porsche as an asset on his petition......) Generally speaking, give me the RE. I am happy driving a hybrid.

I might add, Real Estate ...

Fri, 28 Sep 2007 02:29:00 GMT

I might add, Real Estate is still the safest form of investment in the country today.

In 1 year, I think the RR ...

Fri, 28 Sep 2007 02:29:00 GMT

In 1 year, I think the RR will be worth more than the house in Miami since they have a bad market. If it was the NYC, Seattle metro areas or the Bay Area, then I would choose real estate over the car.

I would buy the house. Because ...

Fri, 28 Sep 2007 02:29:00 GMT

I would buy the house. Because the cars have the highest depreciation rate of any material you would own. And they are always a depreciating asset. Unlike houses which is considered to be an appreciating asset. Whenever you have the money, buy houses. It is the best type of investment in the business today. It's just that the business has been slow this last 2 years. But that goes the same for all types of business. There are good and bad times to all business.