Its scootsy's mom.. duh.
PKM, you in on this trend yet?
- Thread starter Duck Rodgers
- Start date
Its scootsy's mom.. duh.
Wow.. sounds like your parents are loaded, they can afford a flashy condo in Bkk.. do they go there every year or something?
scootsy
Well-Known Member
they live there.
Ahh.. I thought you said they're only a 2 year mission or something or rather. Didn't know they actually MOVED there...
Are they doing the mission thing full time? Was it for LDS?
scootsy
Well-Known Member
full-time for three years. don't come home for anything, including my brothers wedding. well.. my dad didn't come, but my mom did.
And they bought that condo just for staying 3 years? Wow...
scootsy
Well-Known Member
why not? you rent it and all you get is a place to live. you buy it and then you can sell it when you leave. from a financial standpoint, even if you sell at a loss, it would probably be equivalent or less than the cost of renting for three years.
Depends how much you can sell it for I suppose.. plus there's commissions.. it might be worth it for the kinda place they got.
However, if they want to live simply, it'll probably be cheaper to rent..
I live in a one bedroom studio thats just over 500 square feet and I find it perfect for me. Any smaller would be a problem. But I heat the place for under $30 a month in winter and cool it for under $20 in the summer! It really forces you to be a minimilist... which I am any way. If I don't need something on an almost daily basis it's gonner.
scootsy
Well-Known Member
well considering they bought it at an extremely low point in bangkok's real estate market, and since then the market has risen by about 5.7%, they stand to make as much money when they sell as they would lose by renting the place for 3 years. that's an $80,000 swing.