Quote:
Originally Posted by xsilvor
I think its turned in to a "Look how good I am" thread  .
To those who say the young people with M3s must be doing something right, keep in mind they could be doing something, very, very wrong, haha. Signing your life away is rarely a good investment.
I'm interested to see that there are a number of people here who bought an M3 prior to buying a house. I wonder how much of that has to do with where you live. For example, an M3 in small town USA would be one hell of a down payment on a 3000sqft house. An M3 in NYC, not the case. |
How many people who bought a house in 2008 consider it a better investment than the M3? Unless you bought one owned by a bank, you've probably lost more money than the depreciation of the M3. Since 2007 my house has depreciated $200k. I was looking at condos in a couple of areas hit hard by the economy last year. Glad I didn't buy any of them.