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A Car or A House?
For Sport
#21 Posted : Sunday, April 24, 2011 7:01:57 PM
Rank: Veteran


Joined: 12/23/2010
Posts: 1,229
sparkly wrote:
For Sport wrote:
Deinitely the car. At least when the landlord throws you out, you can sleep in the backseat.

Landlord throw you out of your house?


Sarcasm: "A tongue of which the user speaks of something the complete opposite of what the user means."
Example: Is your car stuck in the mud?"
"No, no, of course not. I'm only practicing how to spray mud using my tires.
From: The Urban Dictionary
Gordon Gekko
#22 Posted : Monday, April 25, 2011 10:39:24 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
jerry wrote:
lovely2010 wrote:
Hii ni swali? kuwa idle ni mbaya....cant wait for easter to end....

>>I was also wondering why we can't celebrate Easter Monday on Sunday! This holiday is too long.

But if Easter Monday falls on a Sunday and the new constitution says if a holiday falls on a Sunday then the following Monday will be a holiday......
TechSavvy
#23 Posted : Tuesday, April 26, 2011 10:55:43 AM
Rank: New-farer


Joined: 2/25/2011
Posts: 5
Location: Nairobi
Nunua vitz, change yenye inabaki nunua nyumba! Seriously unless you are considering a top of the range car (From Tata Motor Group), the cost of a house and a car are not comparable...
It's like asking whether you prefer Kalonzo for Councilor of Peter Kenneth for President...
mukiha
#24 Posted : Tuesday, April 26, 2011 4:21:56 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Please allow me to shout this one......

IF YOUR GREATEST INVESTMENT IS A CAR, THEN YOU ARE TAKING YOURSELF FOR A RIDE...LITERALLY AND FIGURATIVELY!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Gordon Gekko
#25 Posted : Tuesday, April 26, 2011 4:34:52 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
mukiha wrote:
Please allow me to shout this one......

IF YOUR GREATEST INVESTMENT IS A CAR, THEN YOU ARE TAKING YOURSELF FOR A RIDE...LITERALLY AND FIGURATIVELY!


What if it is a 1903 Ford Model Asmile
mapozi
#26 Posted : Tuesday, April 26, 2011 5:13:52 PM
Rank: Member


Joined: 4/21/2011
Posts: 119
The capital investment required for a typical Kenyan 2nd hand car and that required for a house are incomparable. I suggest you go for the car but only if its maintenance wont eat into your savings for the property and I also think its wise to invest in rental property 1st before going for home ownership.
wiser
#27 Posted : Tuesday, April 26, 2011 6:48:57 PM
Rank: New-farer


Joined: 4/22/2011
Posts: 5
For Sport wrote:
Deinitely the car. At least when the landlord throws you out, you can sleep in the backseat.

Ha,ha. I like your thinking. In theory a house then a car. But in practice, do i wait to finish paying a 20yr mortgage then buy a car. your grandchildren could drive before u do.
The main thing is making the main thing the main thing.
For Sport
#28 Posted : Tuesday, April 26, 2011 6:56:45 PM
Rank: Veteran


Joined: 12/23/2010
Posts: 1,229
wiser wrote:
For Sport wrote:
Deinitely the car. At least when the landlord throws you out, you can sleep in the backseat.

Ha,ha. I like your thinking. In theory a house then a car. But in practice, do i wait to finish paying a 20yr mortgage then buy a car. your grandchildren could drive before u do.


I doubt you’ll have to wait that long.
For one thing, income is not stagnant. It will go up and you’ll no doubt be exploring the possibility of creating multiple streams of income.
Things get more expensive every year but its easier to catch up with the price of a car than with that of a house.
githundi
#29 Posted : Tuesday, April 26, 2011 8:13:58 PM
Rank: Veteran


Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
Days have gone when a car used to be a luxury. Though not basic, it is necessary for mobility, and incase of young people, a symbol of social status, a magnet for the most beatiful, unnecessary evil. Why? Because those who foregores this comfort are likely to have a higher networth unless the car is used for business. I can attest it's very tempting to buy a car with your first job as the cash is enough for a second hand car while the same can only buy a plot. My heart tells me to buy one, yet my mind tells me it's a sacrifice worth making. But if you buy a car as a beginer, buy a fuel efficient one.
Democracy does not belong to the dead
KenyanLyrics
#30 Posted : Tuesday, April 26, 2011 9:33:31 PM
Rank: Veteran


Joined: 4/16/2010
Posts: 906
Location: Nairobi
There is also the effect of a car on health. The tendency is to use the car for every small errand, which encourages fatness, stiffening of bones and relaxation of muscles
VituVingiSana
#31 Posted : Tuesday, April 26, 2011 11:32:55 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,057
Location: Nairobi
A sleek car can get you laid... if you have a place to take her to!

Bottomline: Guys make money to get laid! Pray Pray Pray

If I had no need to get laid, then all I need is enuff chapaa for alcohol, some food, a roof [not a house], travel for fun... That turns out to be quite affordable!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#32 Posted : Tuesday, April 26, 2011 11:40:06 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
VituVingiSana wrote:
A sleek car can get you laid... if you have a place to take her to!

Bottomline: Guys make money to get laid! Pray Pray Pray

If I had no need to get laid, then all I need is enuff chapaa for alcohol, some food, a roof [not a house], travel for fun... That turns out to be quite affordable!

Lol! REAL TALK!! Ongezea Mututho 5 kwa hizo zako babaa!
KenyanLyrics
#33 Posted : Wednesday, April 27, 2011 1:37:21 AM
Rank: Veteran


Joined: 4/16/2010
Posts: 906
Location: Nairobi
VituVingiSana wrote:
A sleek car can get you laid... if you have a place to take her to!

Bottomline: Guys make money to get laid! Pray Pray Pray

If I had no need to get laid, then all I need is enuff chapaa for alcohol, some food, a roof [not a house], travel for fun... That turns out to be quite affordable!

This is true, but in my experience a good home is the key to sealing the deal. Take her with a Benz to your parents house and you will get absolute zero!
newfarer
#34 Posted : Friday, April 10, 2020 7:30:52 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
A house wins it .going by the current uncertain COVID-19 period.
punda amecheka
newfarer
#35 Posted : Friday, April 10, 2020 7:35:04 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
emlyn ngwiri wrote:
as investors, its always good to invest in appreciating assets.

a car is depreciating while a house will always appreciate even though it is in mandera.

get the house then the car will come later

Good advice given 9 years ago .hope as many wazuans took it.
punda amecheka
xtina
#36 Posted : Friday, April 10, 2020 8:18:59 PM
Rank: Member


Joined: 6/26/2008
Posts: 384
newfarer wrote:
emlyn ngwiri wrote:
as investors, its always good to invest in appreciating assets.

a car is depreciating while a house will always appreciate even though it is in mandera.

get the house then the car will come later

Good advice given 9 years ago .hope as many wazuans took it.


Haiya, I did it the other way round Laughing out loudly Laughing out loudly
Ryko
#37 Posted : Friday, April 10, 2020 8:28:33 PM
Rank: Member


Joined: 5/27/2016
Posts: 274
Location: Pub
Many ways of skinning a goat..... choose the best poison because it is never that serious.
I work so I can afford the amount of alcohol required to continue going to work
NewMoney
#38 Posted : Friday, April 10, 2020 11:38:17 PM
Rank: Member


Joined: 3/1/2019
Posts: 170
Location: Nairobi
newfarer wrote:
emlyn ngwiri wrote:
as investors, its always good to invest in appreciating assets.

a car is depreciating while a house will always appreciate even though it is in mandera.

get the house then the car will come later

Good advice given 9 years ago .hope as many wazuans took it.


Actually it's a very bad advice. First of all, many first car buyers' budget can not get any worthy house, maybe some plot in the deep outskirts. If you can afford a house, you can definitely afford to get both at the same time

For a small minority, it can make sense to get the house first (e.g interested in living in the deep outskirts or small towns) but for the rest of us, a car is better to have before the house. It worked for me and many others.
sparkly
#39 Posted : Saturday, April 11, 2020 9:20:36 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
NewMoney wrote:
newfarer wrote:
emlyn ngwiri wrote:
as investors, its always good to invest in appreciating assets.

a car is depreciating while a house will always appreciate even though it is in mandera.

get the house then the car will come later

Good advice given 9 years ago .hope as many wazuans took it.


Actually it's a very bad advice. First of all, many first car buyers' budget can not get any worthy house, maybe some plot in the deep outskirts. If you can afford a house, you can definitely afford to get both at the same time

For a small minority, it can make sense to get the house first (e.g interested in living in the deep outskirts or small towns) but for the rest of us, a car is better to have before the house. It worked for me and many others.


A house is also a depreciating asset.
Life is short. Live passionately.
ARAPCHARLEE
#40 Posted : Saturday, April 11, 2020 8:40:06 PM
Rank: New-farer


Joined: 4/28/2019
Posts: 88
Location: Talai
newfarer wrote:
A house wins it .going by the current uncertain COVID-19 period.

Brick wall Brick wall Brick wall Brick wall Brick wall Brick wall Brick wall
I really wasted my youth.I wished someone screwed this to me 10 years ago. A V8 could be parking right now at the basement. fortunately, all is not really lost. I cant still catch up
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