Anthony1971
DIS Veteran
- Joined
- Mar 11, 2005
WOW!!!
What ever your choice is it is personal everyone needs to set thier onw priorities and if DVC is such......
Renting is fine and in most cases these will come out ahead of those who own a hosue assuming they save as they will not incur the upkeep wich is outrageous.
I own and am lucky to.. we live in the NYC area.... I had second thoughts but I can say for all of you who think you can not afford to own chances are you can or someday soon you will as you progress in your career. With that in mind I do not buy into houses being that much more unaffordable.. yes you need to save a large sum of money for a down payment but no one seems to ask what thier interest rate was???? My parents was 21% 36 years ago my rate is 5.5%. Now is becoming a great time to buy a house as it IS a buyers market and what a person asks and what they get are entirely different plus most are paying part of the closing fees. What each person does is up to them but my opinion is do not throw out buying a house and buy DVC because of the market.
I am a strong believer in at some times in your life you will make more money than you can spend at other times you may find it hard getting by.
Vacations are a luxury and can be done without when you are down a place to live you will always need rented or owned.
My opinon is obvious of what to put first BUT what is right for me may not be right for someone else but I encourage all to weight ALL options before buying DVC and for that fact a House as both are an expense way beyond the initial price.
What ever your choice is it is personal everyone needs to set thier onw priorities and if DVC is such......
Renting is fine and in most cases these will come out ahead of those who own a hosue assuming they save as they will not incur the upkeep wich is outrageous.
I own and am lucky to.. we live in the NYC area.... I had second thoughts but I can say for all of you who think you can not afford to own chances are you can or someday soon you will as you progress in your career. With that in mind I do not buy into houses being that much more unaffordable.. yes you need to save a large sum of money for a down payment but no one seems to ask what thier interest rate was???? My parents was 21% 36 years ago my rate is 5.5%. Now is becoming a great time to buy a house as it IS a buyers market and what a person asks and what they get are entirely different plus most are paying part of the closing fees. What each person does is up to them but my opinion is do not throw out buying a house and buy DVC because of the market.
I am a strong believer in at some times in your life you will make more money than you can spend at other times you may find it hard getting by.
Vacations are a luxury and can be done without when you are down a place to live you will always need rented or owned.
My opinon is obvious of what to put first BUT what is right for me may not be right for someone else but I encourage all to weight ALL options before buying DVC and for that fact a House as both are an expense way beyond the initial price.