Quote:
Originally Posted by red-beard
Steve, did you see on the news the 25K sq foot place for sale in the Piney Point area? Yeah, the woman who owns it is recently divorced and she wants to move on with the 2 kids. It's too big for her now. She did show off Ken Lay's desk.
The house has been CRUSHED in the market and is now ONLY going for $10M. They previously had it on the market for $20M. They have had 40 people look, but no offers...
That is wealthy. She will walk away from there with a cool $7-8 million, and we don't know what else she is left with. And the Husband is now bankrupt.
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Crazy, I can't imagine what I'd do with 25,000 feet of house, unless 20,000 was garage like Leno. I guess if I was crazy rich, I might have a crazy big place. But I think I'd have to be worth 9 figures before I was ready to go for something like that. And it would have to be on a hefty chunk of land away from the city.
I've been in debt for years. I've still got a little bit. I could pay it all off by Christmas, but for the last year or so, we've been trying to build a savings (just in case, in these economic times) and get the stuff paid off. A year from now, we're going to have a healthy savings and be debt free (except the house which will get accelerated payments). As long and difficult as it's been to get out from under this crap, I've/we've learned a big lesson. We're going to live way within our means. I plan on saving a huge portion of my income from here on out.
I'm not happy with how long it took me/us to get to this point, but I'm going to make the most of it from here on out.
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Steve
'08 Boxster RS60 Spyder #0099/1960
- never named a car before, but this is Charlotte.
'88 targa

SOLD 2004 - gone but not forgotten