Housing Package: Some Sanity April 9, 2008Posted by pf in Taxes, Uncategorized.
Tags: bankruptcy, congress, foreclosure, housing package, john mccain, mortgage mess, speculator, subprime, Taxes
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Today I read an article from Newsweek entitled “Tax Breaks for Bubble Heads“. In it, the author, Daniel Gross outlines “Congress latest dumb idea to fix the housing crisis”. Although I think this thing has too much momentum to stop, I take some small consolation that there are voices of reason trying to be heard. If you share similar views, I encourage you to write about them…maybe the chorus will grow.
McCain on Housing Fix April 7, 2008Posted by pf in Expenses and Savings, Taxes, Uncategorized.
Tags: bailout, Decision 2008, democrat, housing fix, john mccain, mortgage, ny times, republican, subprime
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Today I read an article in the NY Times entitled “McCain Rejects Broad US Aid on Mortgages“. In short, Senator McCain does not support many of the proposed fixes that are currently under consideration. As you will recall from my latest post “Housing Fix“, we are very much in agreement.
More fascinating, however, is Sentor McCain’s position on this particular issue has drawn a very stark contrast between himself and his Democratic rivals. Regardless of which side you may support, it is nice to see the clear distinction on the issue and allow us as voters to understand it and influence our voting choices. What is more difficult, however, is if you find yourself (like I think many Americans do), torn between various policies (ex: you are fiscally conservative, but socially more liberal) and no candidate is the perfect fit. Fortunately, for myself, I have no illusions about finding such a perfect candidate, but am looking forward to the general election where I will hopefully learn more to make my decision. In this particular instance, I am tallying up 1 point for Mr. McCain.
Buying A More Expensive House: Good Investment? May 17, 2007Posted by pf in Expenses and Savings, Retirement, Taxes.
Tags: buy an expensive house, debt, house a good investment, net worth, real-estate, should I buy an expensive house, subprime mortgage
Previously, I had written about our goals of purchasing a new home (Buying a More Expensive House – Smart Financial Move?) and my struggle to determine whether or not it is the best move for us financially.
I am still grappling with this question (and honestly, the whole thing gives me a bit of anxiety) and have been searching and reading numerous articles, blogs, etc on the topic in hopes of coming to some conclusion and then being comfortable with whatever decision I make. My thoughts on this are still developing, but I think I am getting closer. Here is what I’ve gathered thus far: