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#1 | |
lobber of scimitars
Join Date: Jul 2001
Location: Phila Burbs
Posts: 20,774
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I am currently working on avoiding owning my own unit ... these are rentals. The prior complex management significantly lowered their screening standards when they had to have full occupancy in order to sell the entire complex to the developer who is going to then sell off the individual units as condos. For way too much money. (I think I wrote something about this in the condo conversion thread). For a long time the high rents kept the riff-raff out, then it started keeping everybody out. They managed to get full occupancy by changing the pet ownership rules, lowering rents so new tennants are paying less than I do, and offering some "move in specials."
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I have some very strong magickal ethics, but I don't follow the Rede.
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![]() ![]() "Conspiracies are the norm, not the exception." --G. Edward Griffin The Creature from Jekyll Island High Priestess of the Church of the Whale Penis |
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#2 | |
King Of Wishful Thinking
Join Date: Jan 2001
Location: Philadelphia Suburbs
Posts: 6,669
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Unless you are planning on pulling up stakes anytime soon, owning is not a bad option taxwise if you can find value. When I saw Bob's house in Mt. Airy I was very impressed. They fix up real nice. If the neighborhood is going upscale, then buying there is not a bad idea except for the commute.
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Exercise your rights and remember your obligations - VOTE!I have always believed that hope is that stubborn thing inside us that insists, despite all the evidence to the contrary, that something better awaits us so long as we have the courage to keep reaching, to keep working, to keep fighting. -- Barack Hussein Obama |
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