so.....

Mr A and I got lower rent. Joy!! It feels good. We didn't want to move and unless we find something we adore or buy in L.A. we'll be here chilling.

Earlier today the realtor we'd sorta worked with - in 2007- called us.

I answered the phone and he had the nerve to tell me that we should buy now even if it was something we didn't like. He said we were at the bottom of the market and we would quadruple our money in a few years. Then we could sell and get what we wanted with the profit.

I'm not the math person but unless the increase in value is grand, the cost of the loan including interest, commissionsm property tax and other ownership expenses would eat into the gain. A home is not a savings account and if the rent paid is providing shelter the money isn't wasted.

I guess he doesn't care to remember but investment was not our purpose. We want location as well as a house we want to stay in. If investment had been our goal we would have bought back when we could have gotten the house for $1.5 million, with 0 down, and an adjustable rate. If we love the home then we won't be annoyed with price fluctuations.

These realtors are as nutty as some of the buyers were.

THE WEEKEND

The A family had a lovely weekend. I am still recuperating from it. It involved Disney and enjoying the superbowl with friends. TR attacked a one year old baby and made the baby cry. I think the two girls later made up because they were playing with each other later in the evening.