I just found a GREAT website (Patrick.net) that outlines better than anything I've seen in a long time why owning a house is, at best, a questionable idea. It's here. Or...click on the link there at the top right of this page. It's worth spending a hour or two reading as much of it as you can.
Some humor around owning a house:
Lowering interest rates will help the housing and stock market for about as long as peeing your pants will help when you have to go. It will give a warm feeling for a minute.
Everybody hates house-agents because they have everybody at a disadvantage. All other callings have a certain amount of give and take; the house agent simply takes. -- H. G. Wells
Nick Naylor, in Thank You For Smoking: "99% of everything done in the world, good or bad, is done to pay a mortgage. Perhaps the world would be a better place if everyone rented."
No comments:
Post a Comment