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      06-23-2011, 01:07 PM   #23
e1000
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Quote:
Originally Posted by persian54 View Post
Well some want a bigger house due to growing needs, and overall it's a buyer's market right now

If you need to add a room or 2, whether you do it now or next year isn't going to be that different when taking into account your need for the upgrade.

Real estate is always great for investment. It may take several years but it'll always eventually go up lol
It's exactly this type of thinking that got us here. Real estate will be in the dumps for a very very long time and in parts of the country, will see significant declines for the next couple years.
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      06-23-2011, 01:07 PM   #24
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^^^agree with bsiciliano

all E46s are out of warranty. They stopped production in what... mid 2006. So you're looking at buying a 5+ year old car that is low mileage and you'll end up paying for Maintenance II for $2-3K. If you have the means enjoy your life and get the 2008 model, odds are if you get it from BMW it will be certified so you get a little more coverage. Thing sucks up gas like a jumbo jet so just be willing to pay for the fuel.
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      06-23-2011, 01:19 PM   #25
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get the house first
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      06-23-2011, 01:28 PM   #26
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Quote:
Originally Posted by e1000 View Post
It's exactly this type of thinking that got us here. Real estate will be in the dumps for a very very long time and in parts of the country, will see significant declines for the next couple years.
I agree with you completely.

But the beauty is that land/property will always have value, and it will always eventually (keyword) increase in value.

Whereas a car will almost never increase in value.

I'm not saying go and dump money into real estate that will keep dropping lol... All I'm saying is that it'll eventually be profitable. be it a year, 5 years, a decade, whatever.

Also, I mentioned if he needs a bigger house (he said his wife wants kids), that changes the situation completely....
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