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Jul. 2nd, 2003 | 11:39 am

I found a house in pasadena listed for $208,000 near ceader and navarro 91103. It's 4 miles from caltech and is 720 sq ft. It claims that it's 2 bedroom (though that might be the converted garage. Several years ago I qualified for $190,000 and I've had a nice raise since then.

I keep trying to decide between buying a house or going to grad school.

Although in this case if I just commit to being here for a year, it might be possible to just turn it into a rental property and have it pay for itself if I want to leave.

Hmm... Should I go apply for a home loan at the credit union? Should I go look at it first? Should I continue to do nothing trapped by my indecision and make some other capitalist rich? Should I go to grad school without buying a house?

so many choices, so hard to make a decision.

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Comments {3}

Bolowolf

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from: bolowolf
date: Jul. 2nd, 2003 08:12 pm (UTC)
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Huh. It would have to be a damn special house for me to want to pay that much money for it. Though I guess that is reasonable by LA standards. Still.

Grad school? What would you study? How would that be helpful? Personal fulfillment? Better job opportunities? Do you anticipate living in the LA area for the next couple of years at least? Are you willing to be an absentee landlord?

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Diane Trout

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from: alienghic
date: Jul. 3rd, 2003 12:16 am (UTC)
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Well it is special, it's tiny and in the "bad" part of pasadena. For comparison a townhouse on the street I currently live on was listed for something in the 400,000s.

Grad school, partially personal fulfillment, partially because I want ever increasing amounts of control over my research interests. (Which seems to mean either having a Ph.D. or being independently wealthy).

I don't know if I want to stay in LA, yet I haven't really done anything about trying to leave.

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Bolowolf

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from: bolowolf
date: Jul. 3rd, 2003 06:09 am (UTC)
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Yikes. I forgot just how bad real estate in LA is. :(

I could see if I wanted more control over my research that going back to grad school would make sense. What are your research interests?
Would you go to school at CalTech?

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