Banks are dumb, or

to paraphrase the movie "Spaceballs"....."now you see that evil will always triumph, because good is dumb!". You need to say this in a Darth Vader type of voice though. It also helps if you've seen the movie.

Anyway, contacted a bank to see what options were available in terms of buying a house here in La. Since I still own a home in Fl, I sort of expected that to be a problem, but lo and behold, it was okay, as this unnamed bank will allow you to use up to 45% of your gross income on loan payments. Now if this holds true, and I'm not convinced that it will, I could theoretically purchase a huge house on the river and according to the bank, I would be fine. My budget spreadsheet suggests otherwise, but clearly I must be doing something wrong....yeah right. I mean, 45% is a really high number in my mind. Most of the "rule of thumb" type information that I'm familiar with suggests 28 - 35% is the norm. Not that I'm bitching mind you, since my honey would like to vacate the place we are living in now for something that is "ours". Since rents are stupidly high here, I can buy and end up paying about the same per month as if I rent. I know that a lot of people would think this is a stupid move, and I'm not 100% convinced myself, but my calculations say I can do it. If I can rent the Fl house, I'm in high cotton.

Not a lot else going on, just work and soccer for the GC's. Thinking about taking them to the LSU spring game this April. I think they would enjoy it, but not sure.

Later