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Subject Mortage vs Apartment living cost

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[quote:Anonymous Coward 34068008:MV8yMTQyODUzXzM2MTg5NDE1XzY0OUMxMURE]
[quote:Anonymous Coward 34572263:MV8yMTQyODUzXzM2MTg4MDUxX0I4MjhERjc5]
Twenty years from now the $600.00 house payment will be the same ...apartment rent will continue to rise.  I bought my house 10 years ago and my mortgage is $400.00 a month....but if I were to rent it today, it would be more than double that.  Plan ahead.....
[/quote]

[quote:Anonymous Coward 34572263:MV8yMTQyODUzXzM2MTg4MDUxX0I4MjhERjc5]
Twenty years from now the $600.00 house payment will be the same ...apartment rent will continue to rise.  I bought my house 10 years ago and my mortgage is $400.00 a month....but if I were to rent it today, it would be more than double that.  Plan ahead.....
[/quote]

[b]ummm..dipshit, 20 years from now your property taxes will be $5000 a month.

You,NEVER pay off a house EVER!

you foolishly believe you will actually own it free and clear of encumbrances, but the fact remains that you are truly just "renting" your mortgaged home. Read your Deed, it's even says you're renting.

Buy a house and you are trapped for years if not your entire life.[/b]
[/quote]

Original Message mortgage: 600$ monthly payment +

4,300 tax yearly/12months=358$

600+358= 958$

not too bad.....i guess

apartment living, i can get a very nice 2 bedroom w/ all utilities included for 750$

200$monthly difference lets say for the next 360 months=72000$ You'll be saving living in an apartment over the house.

Thats also not including all the extra fee's included with home ownership........insurance, upkeep, landscaping etc...etc..........FOR THE NEXT 30 years

What do you night owls think?

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