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|    AUTOMOTIVE    |    Anything to do with cars    |    2,177 messages    |
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|    Message 1,280 of 2,177    |
|    TOM WALKER to ROY WITT    |
|    GMC Suburban    |
|    07 Aug 12 07:15:00    |
      RW> RW>> So does owning a house, but we'll all have to live with that.       RW> RW>>              RW> MH> Yes, but owning a home will always be better than throwing money out       RW> MH> the window on rent.              RW>Some people don't believe that because the money paid in rent is a cost       RW>of living, no matter where that is. I had a friend who rented and put what       RW>he saved in loan interest into a money market fund. He died a rich man and       RW>someone else rented his apartment the following month.              TOTALLY WRONG Thinking.       I just cranked a few figures from younger years in the loan       calcualtor and for a $95,000 Home Laoan with a $700 per month payment       one would have only saved $93780 in Interest. THAT IS FAR from Rich.       AND after the $700 stops that part of what you called "cost of living"       drops dramaticly as only a much smaller amount of property taxes remains              For those that can swing the payments NOT buying a house is Terminally       STUPID              I canot express how great it feels to only be paying the property Taxes       to put a roof over my head.       ---        þ SLMR 2.1a þ Typo Tom strikes agaoin        * Origin: Fidonet Since 1991 And Still Here. Join Us: www.DocsPl (1:123/140)    |
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