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I got super lucky with the shut down, sort of. The unlucky part that while being an RN I had not worked outside of an OR for many years and had no desire to do such. The cessation of "ALL ELECTIVE" procedures put me out of a job for 24 hours right away, but then I was allowed to work for a month as a "Unit Clerk". The hospital assumed things would be ending in a month and wanted to keep me and they did have to pay the "Company" for an unknown amount of time so I worked for a bit. The lucky part was the location where I was staying. I'd just reserved the spot and while they said they had no intention of "Shutting Down", by the time I arrived to set up everything was closed in the area except for a small Grocery store (thankfully). The Manager also answered my phone call and told me to go ahead and set up where ever I wanted to and she/he would be around to take the money for the site. No one came for over 3 weeks but soon enough the Service station/Convenience Store reopened and I was allowed to stay until I secured another assignment. At that time I had no thoughts about "Owning Property" as a "Backup". Kirk is correct in my initial thought process when I posted the question and poll. I didn't have any idea of how it would turn out, but am happy that it has had the life it has had so far. I too was part of the generation of 14-16-18 and maybe even 20% interest rates of the 70's and 80's. It was not fun, but I survived. My Son has been wanting to upgrade his home for many years now. His first purchase I'm sure is fully paid off, but not sure how much equity he can get out of it and he is not in the mood to pay anyone over 5% interest for anything. I admire his resolve and he does upgrade his pickup and motorcycle whenever the mood comes to him and I'm sure for cash. He started working for Vermeer MFG straight out of High School and has been there ever since. Get's loads of vacation time and still enjoys the work or so it seems. Well a bit off track there, but since it's my initial post I won't complain to anyone of the HighJack. Rod -
By LiveWorkDream · Posted
🤣you guys are too funny! I get it. -
Our daughter's age--so, yup, being the age of our kid makes you a kid. Linda -
If you wonder why we might consider you to be young, the youngest of my 3 sons turned 55 last March! 🤪 -
By LiveWorkDream · Posted
The problem is more than interest rates though, it's about the widespread housing shortages around the country. If you sell your house and get a nice little return on it, that probably won't be enough to get you into another comparable place. My mom's neighbor's house just sold for nearly $900k (in Southern CA). This young couple wanted to be closer to work, so they sold their place, and the only comparable they could find was something they got for just over $1 million. It's a crazy real estate world out there.
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