The big decision: House or Camaro - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

coryrulez9 · 03-05-2010, 04:38 PM

I ended up choosing to buy a house...its being built and I will take possesion mid June. But I still can't wait to own one...Hopefully in a few years when my current car is paid off and I get some student loans paid off.

Scrappy Doo · 03-05-2010, 04:41 PM

Smart play. They aren't the easiest to make, but in the long run you will be MUCH better off.

Kenji · 03-05-2010, 05:08 PM

+1... now is the time to buy a house which is an investment. As much as I love my Camaro, it won't be considered an investment anytime soon.

sen10l · 03-05-2010, 05:25 PM

Choice? What choice? Buying a house was the wise decision. Quite frankly, all those people who don't have a house and are saving all their nickels and dimes for a Camaro are the most foolish people on the planet. Take real estate prices 10 years ago and compare them to now - the increase has been phenomenal.

Take car prices 10 years ago to now - I think the price has actually gone backward compared with inflation!

I am concerned how my kids are going to afford housing for themselves when they start working, and I've already started saving for their housing deposit. By that time houses will be average $1.5M or more (real-estate increases have exceeded the rate of salary increases for several decades now. As the population of N.America continues to explode - that trend will continue).

So for those who bought a fancy Camaro before owning a home, they are incredibly short-sighted and unwise. Unfortunately for financial advice is: nobody bloody well follows them. Everyone has to learn it the hard way!

You tell the poor shmo working two jobs to save it for housing/rainy-day and they go and buy the Camaro anyway. Well it's too late for them, but if you're reading this forum and you haven't bought a Camaro yet, learn from my friend of my age: he has a stay-at-home wife, a toddler and a young infant. Because he wasn't as ambitious as me and didn't think as far ahead, he is still renting a place, paying the same amount on rent as I am on my mortgage. At this rate, I wonder how on earth is he EVER going to afford a place based on his salary which I estimate to be around $50k. When I think about his situation I honestly feel depressed, because you CAN reach a stage when housing creeps so far ahead of you that you can never catch up to it. I've lived in cities where that has happened.

But folks - this is free advice for your own benefit, not to steal anyone's Camaro joy. Think 3 steps ahead - that's the only way to survive in this world.

Darth_Emma · 03-05-2010, 05:29 PM

coryrulez9 -
Very smart decision. You will be glad you did this for the rest of your life.

KarFan · 03-05-2010, 05:42 PM

Good choice. You can't live in a Camaro and even if you could it has about zero chance of sustained appreciation.

rharp · 03-05-2010, 05:46 PM

Good choice imo your camaro needs a garage to live in.

markgoodson · 03-05-2010, 05:46 PM

Glad to see you made the right choice. I do not know about the rest of you, but it erks me to no end when I see people who have expensive cars and live in apartments. To me that’s just a bad choice of priorities.

Bert · 03-05-2010, 06:00 PM

ditto what the other guys said, definitely the wise choice . . . not even close really

abacojeff · 03-05-2010, 06:11 PM

I'm surprised nobody's said it yet...

CAMARO!

The world ends in 2012 - enjoy it while you can!

pumpkinrancho · 03-05-2010, 06:14 PM

You can't cruise your house, however you can sleep in a Camaro....

Seriously buy the house, everyone needs at least two.

2SuperSport · 03-05-2010, 06:28 PM

WHAT ARE YOU CRAZY!!!! SHOULDA GOT THE CAMARO

biojack · 03-05-2010, 06:31 PM

feel very comfortable that you made the right decision.....House for sure, and it isn't even close

Champion51 · 03-05-2010, 06:48 PM

You can sleep in your car, but can not drive your house. How are you going to get to work? Get the car. JJ.

03-05-2010, 04:38 PM	#1
coryrulez9 Drives: 2014 Camaro 2LS Blue Ray Join Date: Jan 2010 Location: Columbus Posts: 204	The big decision: House or Camaro I ended up choosing to buy a house...its being built and I will take possesion mid June. But I still can't wait to own one...Hopefully in a few years when my current car is paid off and I get some student loans paid off.

03-05-2010, 05:25 PM	#4
sen10l Drives: In Transit Join Date: Nov 2009 Location: North Pole Posts: 334	Choice? What choice? Buying a house was the wise decision. Quite frankly, all those people who don't have a house and are saving all their nickels and dimes for a Camaro are the most foolish people on the planet. Take real estate prices 10 years ago and compare them to now - the increase has been phenomenal. Take car prices 10 years ago to now - I think the price has actually gone backward compared with inflation! I am concerned how my kids are going to afford housing for themselves when they start working, and I've already started saving for their housing deposit. By that time houses will be average $1.5M or more (real-estate increases have exceeded the rate of salary increases for several decades now. As the population of N.America continues to explode - that trend will continue). So for those who bought a fancy Camaro before owning a home, they are incredibly short-sighted and unwise. Unfortunately for financial advice is: nobody bloody well follows them. Everyone has to learn it the hard way! You tell the poor shmo working two jobs to save it for housing/rainy-day and they go and buy the Camaro anyway. Well it's too late for them, but if you're reading this forum and you haven't bought a Camaro yet, learn from my friend of my age: he has a stay-at-home wife, a toddler and a young infant. Because he wasn't as ambitious as me and didn't think as far ahead, he is still renting a place, paying the same amount on rent as I am on my mortgage. At this rate, I wonder how on earth is he EVER going to afford a place based on his salary which I estimate to be around $50k. When I think about his situation I honestly feel depressed, because you CAN reach a stage when housing creeps so far ahead of you that you can never catch up to it. I've lived in cities where that has happened. But folks - this is free advice for your own benefit, not to steal anyone's Camaro joy. Think 3 steps ahead - that's the only way to survive in this world. __________________ Last edited by sen10l; 03-05-2010 at 05:38 PM.

03-05-2010, 05:42 PM	#6
KarFan Drives: 2023 SGM Camaro 2SS 1LE 6M Join Date: Apr 2009 Location: SoCal Posts: 575	Good choice. You can't live in a Camaro and even if you could it has about zero chance of sustained appreciation. __________________ Past Camaro rides 1997 Black Camaro Z28 A4 1999 Silver Camaro SS 6M 2002 White Camaro Z28 A4

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03-05-2010, 04:41 PM	#2
Scrappy Doo Drives: Callaway Rogue Join Date: Jul 2009 Location: W8n 4 Snow, Minnesota Posts: 4,738	Smart play. They aren't the easiest to make, but in the long run you will be MUCH better off.

03-05-2010, 05:08 PM	#3
Kenji Drives: 2SS/RS M6 SW Join Date: Jan 2010 Location: SoCal Posts: 274 View My Garage	+1... now is the time to buy a house which is an investment. As much as I love my Camaro, it won't be considered an investment anytime soon.

03-05-2010, 05:29 PM	#5
Darth_Emma Psssssssssshhhhhhhhhhhhh! Drives: under contruction Join Date: Nov 2009 Location: Marysville, Ohio Posts: 12,996 View My Garage	coryrulez9 - Very smart decision. You will be glad you did this for the rest of your life.

03-05-2010, 05:46 PM	#7
rharp Drives: 2010 SVT Raptor/ 70 Chevelle SS 396 Join Date: Dec 2009 Location: Albuquerque NM Posts: 569	Good choice imo your camaro needs a garage to live in.

03-05-2010, 05:46 PM	#8
markgoodson Drives: 2010 2 SS RS Join Date: Jan 2010 Location: Dallas,TX Posts: 75	Glad to see you made the right choice. I do not know about the rest of you, but it erks me to no end when I see people who have expensive cars and live in apartments. To me that’s just a bad choice of priorities.

03-05-2010, 06:00 PM	#9
Bert synergy-green with envy Drives: Cam....ry :-( Join Date: Dec 2009 Location: Douglas, MA Posts: 280	ditto what the other guys said, definitely the wise choice . . . not even close really

03-05-2010, 06:11 PM	#10
abacojeff Drives: 2010 IBM SS/RS 6M, every other tues Join Date: Dec 2009 Location: So Cal Posts: 70	I'm surprised nobody's said it yet... CAMARO! The world ends in 2012 - enjoy it while you can!

03-05-2010, 06:14 PM	#11
pumpkinrancho COMPULSIVE CAMARO OWNER Drives: 18 ZLE,14 2ssrs,96,73 RS LT,69&67 Join Date: Nov 2009 Location: SE. WYO & Northern CO, W NEB Posts: 1,238 View My Garage	You can't cruise your house, however you can sleep in a Camaro.... Seriously buy the house, everyone needs at least two.

03-05-2010, 06:28 PM	#12
2SuperSport Drives: 69-SS/RS 10-2SS/RS 02-GT Join Date: Jan 2010 Location: USA Posts: 35	WHAT ARE YOU CRAZY!!!! SHOULDA GOT THE CAMARO

03-05-2010, 06:31 PM	#13
biojack Drives: 1LT/RS,MRTv2, Injen Join Date: Feb 2010 Location: Halifax canada Posts: 259	feel very comfortable that you made the right decision.....House for sure, and it isn't even close

03-05-2010, 06:48 PM	#14
Champion51 Drives: '14 ZL1, '10 SS/RS , '06 GMC Join Date: Jan 2010 Location: Saskatchewan Posts: 586	You can sleep in your car, but can not drive your house. How are you going to get to work? Get the car. JJ.