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Living in an Apt Driving a BMW?
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03-09-2010, 05:57 PM | #1 |
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Living in an Apt Driving a BMW?
What do we think about driving a newer BMW and living in an apartment? In general, I am talking about a person who chooses to live in an apartment because they choose to drive an expensive car. Not college students.
Should this person be saving for a house or is it perfectly acceptable to be, let's say 30 or over, living in an apartment with an expensive car? |
03-09-2010, 05:58 PM | #2 | |
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omfg
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03-09-2010, 06:01 PM | #3 |
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I live in welfare housing projects an drive a BMW. Are my priorities mixed up or do I love cars?
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03-09-2010, 06:03 PM | #5 |
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i wouldn't do it that way, but to each his own i guess
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03-09-2010, 06:04 PM | #7 |
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I live in a horrible house. Im currently shopping around for a house because I cant find the right one, but my house does not match my car, lol. Who gives a crap anyway.
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Last edited by deletedelete; 03-09-2010 at 06:14 PM.. |
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03-09-2010, 06:08 PM | #8 |
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The (brilliant) apartment-dweller wold have lost far less money on depreciation of a BMW than on a house over the last few years.
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03-09-2010, 06:13 PM | #9 |
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As long as you can garage your car in the Apt! To each their own, you only live life once and if your priority is to have a nice car then go for it! Financially speaking, now is the perfect time to buy a home and start building equity, and cars are a terrible financial investment. Now if you have bought a home 4 years ago then you would be in a world of hurt, but the housing market has bottomed out (eventhough some experts predict another housing crash do to investors buying up mass reality)
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03-09-2010, 06:13 PM | #10 |
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I live in a town home with a garage simply because I haven't settled down in a city yet, and my bmw is a downgrade from my previous car, but I still by far have the nicest car where I live.
I'm not buying a house until I start my career in a set city. I've been moving around about every year or so now. |
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03-09-2010, 06:30 PM | #11 | |
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Even renting an apartment in either of these areas most likely is more than a mortgage in most areas. I'm not sure where the OP is currently residing, but living in an apartment, either by purchasing or renting versus buying a single family house, has no relationship to a person's financial and social status. Would you look down on someone who pulled out of Trump Towers in a Bentley merely because he/she is living in an apartment?
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03-09-2010, 06:43 PM | #13 |
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http://internationalpropertyinvestme...s-in-the-world
scroll to the bottom for the $210 million dollar apartment with panic rooms and security designed by the SAS i dont think you will find a 3 series in there... 7 series for the poor bloke that cant afford the rolls royce and veyron after getting their apartment. |
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03-09-2010, 06:45 PM | #14 |
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Is this thread for real
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03-09-2010, 07:10 PM | #18 |
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Do whatever floats your boat. Literally -- I drove beaters for years so I could have a sailboat. Eventually lived aboard one for 8 years. Now I don't have a boat anymore, but I have a nice car. And a nice house.
It's your life, live it the way you want. If it's a tradeoff between one thing and another, pick the one that makes you happy. If you can't afford either, find something less that will make you happy. That's the way I see it, anyway. |
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03-09-2010, 07:20 PM | #20 | |
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03-09-2010, 07:26 PM | #21 |
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i live in my car
in all seriousness, do whatever makes you happy.
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03-09-2010, 07:37 PM | #22 |
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The issue is not just a house! It is where this house is? it is better to live in an apt in a better neighbourhood than having a house in a bad one...
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