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Very much agree with your perspective - it varies by geography and other particulars but at present and likely for years to come a much different scenario than in years past. I'd rent if I needed a house but I own one, paid in full but the annual upkeep and real estate taxes are to be considered.
And someday with tax reform the mortgage interest deduction will be phased out.
posted by 98.245.21...
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- Buying a house!, B Millar , Wed, 18 Jul 2012 09:10:42
- A 4-2 cape with a 2-car garage?, Dan-O, Thu, 19 Jul 2012 06:01:19
- Yep!, B Millar , Thu, 19 Jul 2012 06:28:54
- real estate tax, smt, Wed, 18 Jul 2012 13:17:51
- The new reality of home onwership, MI-Roger , Wed, 18 Jul 2012 10:17:01
- Are you guys serious?, ELaw , Thu, 19 Jul 2012 05:48:21
- millions of owners have neq equity today nm, dtecakacheaptech, Thu, 19 Jul 2012 17:45:17
- Re: Are you guys serious?, HudsonValleySaabGuy, Thu, 19 Jul 2012 17:15:28
- Yes, I am serious, MI-Roger , Thu, 19 Jul 2012 14:04:03
- Re: The new reality of home onwership, dtechakacheaptech , Wed, 18 Jul 2012 16:26:01
- I don't think much has changed except valuation..., Snowmobile , Wed, 18 Jul 2012 11:37:39
- Re: Buying a house!, Justin VanAbrahams, Wed, 18 Jul 2012 09:43:42
- Yeah..., B Millar , Wed, 18 Jul 2012 09:54:10
- Re: Yeah..., Justin VanAbrahams, Wed, 18 Jul 2012 11:25:35
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