Purple Rain
Crusader
I'm putting this here in this thread because it seems appropriate.
I read the book Gone With The Wind and remember the part where the war is ended, the field hands have all run off, and the plantation Tara is in ruins. Desperate to preserve her way of life, she works her b*** off trying to save the place, doing more and more desperate things to maintain the status quo. Eventually, she moves away to get the money to save Tara, destroying her lifestyle in order to save it.
I'm sitting here, in my apartment, at my computer, typing away. A few weeks ago my landlord (this apartment is an individually owned condo unit, rented to me) announces he wants to sell the unit. Probably to people who want to live here themselves, which means I'll have to move.
One way around this is for me to buy the apartment myself. I'm retired, don't work, and don't have any "plans" that pay me a certain amount each month -- just a big pile of assets that I have been spending down slowly. If I scrape up all my cash, and empty both my current and savings accounts, I'll have just enough to buy the place outright -- which is good because no one will give a mortgage to someone without any income.
But if I spend all my liquid assets on this place, what would I have to live on? Little incidentals like food, clothing, energy, etc? In addition to the above assets, I have investments, but I wouldn't want to sell them right now because they are down in value and I expect them to go back up soon.
I could always go back to work, but my professional skills might be out-of-date. And that would mean my free-to-do-what-I-want lifestyle would be gone.
This apartment has become my Tara.
Helena
I think you should look for a new apartment. I would not buy the place unless you have a job lined up to go to.


