But you never have to pay for a house to make a profit.
Examining this statement from different directions...
Ok, I have nothing. What the fuck does this mean?
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
But you never have to pay for a house to make a profit.
Examining this statement from different directions...
Ok, I have nothing. What the fuck does this mean?
What the fuck does this mean?
I was starting to wonder the same thing about the whole conversation.
I have to admit I'm lost myself, amych. I think Gus's point is to buy cash -- I'm not sure if it's about waiting until you've saved the money up (and I haven't run the numbers for interest paid vs. rent paid), or there's some way to make the money more quickly than you'd have a mortgage for.
I'm surely lost.
Examniing this statemnt from different directions...
Ok, I have nothing. What the fuck does this mean
It was a sideways statement. a toss away if you will. What I meant is that I do not have to get to the point of paying off the loan at it's full cost to make money. They tried to tell me that number. But I didn't really think of it is a real number. Because it is based on everything staying the same. which it won't.
amych, as long as it is clear in your mind that Gus won, all is good.
Anything that keeps you ahead of the interest. Real Estate may work,
Sorry. I got distracted creating an org chart in PowerPoint.
Gus, you've just refuted your own argument. With today's historically low interest rates and skyrocketing home values, most people end up ahead.
There are so many different programs out there that can be tailored to individual circumstances. It's not just a 30-year fixed rate anymore.
Well, I have to say if I could have paid cash - I would have. and if I could pay the loan tomorrow I would.
Oh, hon, you know me better than that. Mwah!
amych, as long as it is clear in your mind that Gus won, all is good.
As if.... I thought we were just having a friendly discussion.
::wink::
Oh, hon, you know me better than that. Mwah!
Hey now! I'm all verklempt. Sob.
Winning and losing -- so hierarchical and structured and inorganic. I think we need to hunker down closer to the earth, and have a group hug.