Comments on: The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week Ending December 1st http://hobokenrealestatenews.com/2009/12/02/the-weekly-wednesday-wrap-up-hoboken-condo-sales-activity-for-the-week-ending-december-1st/ What buyers and sellers need to know about Hoboken condos and real estate. Mon, 21 May 2012 19:00:39 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: 'boken http://hobokenrealestatenews.com/2009/12/02/the-weekly-wednesday-wrap-up-hoboken-condo-sales-activity-for-the-week-ending-december-1st/comment-page-1/#comment-4403 'boken Mon, 07 Dec 2009 21:37:35 +0000 http://hobokenrealestatenews.com/?p=2277#comment-4403 Hey guys... Great dialogue. Coming from an investment background professionally, I almost can't help but look at a home purchase much like an investment. Also to homeboken's point, mobility may mean more to him as he is not in a long term marriage relationship as of yet. I am also in this boat, at least for now, so putting roots down where I dont see appreaciation to cover the costs after 5 years does worry me as well. I have been glad to rent over the past two years as prices have gone down and now stagnated a bit. Perhaps this continues? I may rent even longer. Hey guys…

Great dialogue. Coming from an investment background professionally, I almost can’t help but look at a home purchase much like an investment. Also to homeboken’s point, mobility may mean more to him as he is not in a long term marriage relationship as of yet. I am also in this boat, at least for now, so putting roots down where I dont see appreaciation to cover the costs after 5 years does worry me as well. I have been glad to rent over the past two years as prices have gone down and now stagnated a bit. Perhaps this continues? I may rent even longer.

]]> By: thoughts http://hobokenrealestatenews.com/2009/12/02/the-weekly-wednesday-wrap-up-hoboken-condo-sales-activity-for-the-week-ending-december-1st/comment-page-1/#comment-4393 thoughts Sun, 06 Dec 2009 18:41:37 +0000 http://hobokenrealestatenews.com/?p=2277#comment-4393 homeboken - most normal people like their own personal style, comfort, and belongings - therefore, they want their own home - a stiff like you won't likely understand that.... homeboken – most normal people like their own personal style, comfort, and belongings – therefore, they want their own home – a stiff like you won’t likely understand that….

]]> By: jc http://hobokenrealestatenews.com/2009/12/02/the-weekly-wednesday-wrap-up-hoboken-condo-sales-activity-for-the-week-ending-december-1st/comment-page-1/#comment-4390 jc Sat, 05 Dec 2009 22:08:36 +0000 http://hobokenrealestatenews.com/?p=2277#comment-4390 Homeboken, mobility and liquidity was the most important thing to me as well, until it wasn't :) and agree a renter should value both. Sorry but I disagree buying a home is 100% an investment, and many folks don't purchase in that mindframe. Sure the home can lose or gain value and there will be a financial consequence. Sure I don't want to lose money on my home when I sell but my goal was not to make money, if I do I view it as gravy. My goal was to start my llife with my fiance and enjoy the place and the benefits that come with ownership. If I can make a buck along the way all the better but not the sole purpose. I agree homeboken, it's very much a personal choice and since those are your words you must somewhat agree it's not always 100% an investment. My choice is to LIVE in my home and invest in real estate rental units, equities, commodities, and private start up companies. If I'm the only idiot in te world that thinks like that so be it. I also should add that if your home is 100% an investment then the allocation in your investment portfolio is way out of whack. In fact you say NOT thinking of your home as an investment forces folks to over leverage themselves when I would argue it forces folks to put all their eggs in one basket which is the ultimate enemy of investing in the first place. I'm not trying to be argumentative here just trying to debunk the 'a home is 100% an investment' theory. Homeboken, mobility and liquidity was the most important thing to me as well, until it wasn’t :) and agree a renter should value both. Sorry but I disagree buying a home is 100% an investment, and many folks don’t purchase in that mindframe. Sure the home can lose or gain value and there will be a financial consequence. Sure I don’t want to lose money on my home when I sell but my goal was not to make money, if I do I view it as gravy. My goal was to start my llife with my fiance and enjoy the place and the benefits that come with ownership. If I can make a buck along the way all the better but not the sole purpose.

I agree homeboken, it’s very much a personal choice and since those are your words you must somewhat agree it’s not always 100% an investment. My choice is to LIVE in my home and invest in real estate rental units, equities, commodities, and private start up companies. If I’m the only idiot in te world that thinks like that so be it.

I also should add that if your home is 100% an investment then the allocation in your investment portfolio is way out of whack. In fact you say NOT thinking of your home as an investment forces folks to over leverage themselves when I would argue it forces folks to put all their eggs in one basket which is the ultimate enemy of investing in the first place.

I’m not trying to be argumentative here just trying to debunk the ‘a home is 100% an investment’ theory.

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