?

Log in

No account? Create an account

(no subject)

« previous entry | next entry »
Aug. 10th, 2003 | 10:06 pm

The loss of decision making.

I was leaning toward going to grad school and my coworker emailed me telling me that some 1 bedroom condos in his building just went for $265,000 whereas we negotiated $195,000. Needless to say he was unhappy at the prospect of not getting an extra $50,000.

Not only can I not afford $265,000 I think it's insane to pay that much.

I think the home ownership path has just closed to me, and I should now dedicate all of my energy toward the grad school leapfrogging into a professorship path.

However tonight I'm going to be sad because even though I'd love to leave LA, there was something appealing about the stability of having a place of my own.

It's off to the more stressful and probably more rewarding path. The first source of stress is hoping I can get past the first hurdle of getting accepted.

In addition to MIT, other groups doing wearable computing/ubiquitous computing include University of Oregon and UC San Diego. There's at least one other group but I don't remember where it was.

Leaving LA will be scary though.

Link | Leave a comment |

Comments {8}

secretslip

(no subject)

from: secretslip
date: Aug. 11th, 2003 12:01 am (UTC)
Link

Sorry you lost your new house before you even got to move in. You don't seem too upset...well you seem relieved. At least the house thing has given you a kick in the butt to go after your future.

Reply | Thread

Diane Trout

(no subject)

from: alienghic
date: Aug. 11th, 2003 12:14 am (UTC)
Link

I felt a little sad, it was a much nicer place than my current appartment, and living someplace cooler during the summer was appealing.

But I'm pretty sure I know what I want to do, I've just been worried that I'm not smart enough to achieve it. Though after talking to Barbara it does seem like I've got a reasonable chance to succeed in this path.

Also I don't like making decisions, it's kind of a relief not to be agonizing over the question of what I should do.

Reply | Parent | Thread

Bolowolf

(no subject)

from: bolowolf
date: Aug. 11th, 2003 08:59 am (UTC)
Link

I think leaving anywhere you feel comfortable can be scary. I do know that Oregon is lovely and I think it would be a great place for you to be. I think being in the MIT neighborhood would be good from an academic perspective. And there's something distinctly different about the East Coast.

Reply | Thread

Diane Trout

(no subject)

from: alienghic
date: Aug. 11th, 2003 09:04 am (UTC)
Link

I'm just scared because the neoliberal economic policies are destroying openness and community. The two things required for the academic environment to thrive.

Not to mention as they transfer all the wealth to a handfull of people we're rapidly loosing jobs.

Reply | Parent | Thread

Dieppe

(no subject)

from: dieppe
date: Aug. 11th, 2003 11:35 am (UTC)
Link

If you negotiated $195k, and you were able to get anything in writing they would have to stick with that price!!! But if you weren't able to get it done in time, think of it this way... you just lost out on $70k... :}

Reply | Parent | Thread

Diane Trout

(no subject)

from: alienghic
date: Aug. 11th, 2003 02:31 pm (UTC)
Link

Nope, no writing ahead of time.

I lose.

I need to purge stuff so I can live in a smaller closet, possibly with a flat mate. Then, then I can build equity through monetary investments instead of real estate.

Reply | Parent | Thread

Dieppe

(no subject)

from: dieppe
date: Aug. 11th, 2003 03:27 pm (UTC)
Link

Just remember, the money you give away per month to "rent" wherever you are, could be going into something you "own" instead of lining a land lord's pocket. But you knew that already, hm? :)

I mean if you had $1500 per month going into equity on property that will appreciate, that is far better than $500 per month going on rent. But do what you feel is best, of course !:)

Reply | Parent | Thread

Diane Trout

(no subject)

from: alienghic
date: Aug. 11th, 2003 03:47 pm (UTC)
Link

However if my rent costs less than costs of the loan above the principal payments, I can increase my net worth by investing my money.

Reply | Parent | Thread