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Buy or Rent a House: They Both Suck Print E-mail
(16 votes, average 4.44 out of 5)
House - Buying Real Estate
Written by Karl Wolf   

Now that the real estate market has tanked for three consecutive years, renting doesn't seem like such a bad idea. Until 2007, buying was considered the only financially sane option, a view strenuously espoused by those who profit handsomely every time a house is bought or sold - real estate agents. It goes without saying that you're likely to get a much better deal today than if you'd taken the plunge in 2005 or 2006, when every financial expert and his brother were touting home ownership as a no-brainer.  But should you buy or rent?

Read more: Buy or Rent a House: They Both Suck
 
How to Cut Electric Bill in Half Print E-mail
(23 votes, average 4.22 out of 5)
House - Maintenance
Written by Omie Ismail   

The current rage among the environmentally conscious is installing solar panels on rooftops to cut their electricity bills. While solar is a great way to save money over the long haul, in the short run it sucks up a wad of cash ($20,000 to $30,000) and the payback period, even with incentives, can be 10 plus years. For the average cheapster, that doesn't add up to a great investment. There is no arguing that solar energy is environmentally correct and that alone can make you feel warm and fuzzy inside. But there are cheaper alternatives that don't require you to spend a small fortune cutting your electric bill. Why spend twenty thousand dollars when there you could make a serious dent in your next utility bill by investing $100?

Read more: How to Cut Electric Bill in Half
 
12 Things We Used to Do Ourselves That We Pay for Today Print E-mail
(13 votes, average 4.38 out of 5)
House - Maintenance
Written by live cheap staff   

In the last 30 years, there has been a tremendous “Wealthening” of America. Perhaps the greatest evidence of that is the huge growth in the service sector. Today, we pay other people to do many things that we used to just do ourselves just 3 decades ago.

If you want to start living cheap, it is time to reverse the trend and start doing these things for yourself!

Read more: 12 Things We Used to Do Ourselves That We Pay for Today
 
The Housing Meltdown - Reasons Print E-mail
(6 votes, average 4.17 out of 5)
House - Buying Real Estate
Written by livecheap staff   
Wednesday, 06 October 2010 03:24

During any financial meltdown, whether personal or national in scope, there's always going to be finger pointing. People look for elaborate reasons why things happened ranging from mass hysteria to unscrupulous profiteers. People will list dozens of reasons, nearly all of them orchestrated by people outside of their crisis-defined group. But the primary driver of all of these fiascos can be abbreviated with three letters: OPM. Someone asked me my thoughts on how the housing market could have gotten so out of whack and my simple answer was OPM.

Read more: The Housing Meltdown - Reasons
 
Is Now a Good Time To Buy a House? Print E-mail
(7 votes, average 4.43 out of 5)
House - Buying Real Estate
Written by Ahmed Amr   
Thursday, 09 September 2010 03:31

There is always a bottom to every market and recent statistics existing home sales make us wonder how much lower can home sales actually go.   In July, existing home sales plunged 27% from June to a 15 year low.  Some of that was to be expected with the government home buyer programs ending.  But the magnitude of the drop makes you wonder, when will this real estate market hit bottom?  Is now a great time to buy, or is that still years away?

Read more: Is Now a Good Time To Buy a House?
 
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