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Message Subject Mortage vs Apartment living cost
Poster Handle Anonymous Coward
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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.....
 Quoting: Anonymous Coward 34572263


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.....
 Quoting: Anonymous Coward 34572263


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.
 
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