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#11
11-23-2011, 02:01 AM
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A couple notes.
1) It's not about 'waving dicks' just don't try to judge home ownership and my personal financial situation. 2) Fair market value is assuming a 2011 market. (note why I mentioned that I could even take a bath and come out well ahead) 3) do you work because you want to? I thoroughly enjoy my job, but in fairness, if I didn't need to work, I would probably stay home with my family. 4) Again, you aren't understanding, home ownership (unless you are upside down) doesn't mean that you have to pay off your home before moving (technically it does but not in the sense of cash out of pocket). I can sell my home (probably 90 days minimum in this market depending on where it is priced) 5) My home is certainly not excessive. 6) Thanks for the financial advice, as a best practice I try to keep all of my money in accounts that generate no interest or at least as low as I can get. You blew my doors off with that one. Do I need to cut you a check or anything? Again... You view home ownership as a burden. Two things I left out previously. 1) Typically homes are an appreciable asset (we will see going forward as the last decade was filled with false appreciation) so theoretically can/will gain value over time. 2) Interest paid on mortgages is tax deductible. To each his own my friend but I don't think your assessment of home owners being a slave to the institution is valid. [You must be logged in to view images. Log in or Register.] More importantly / humorous again from the OWS supporter..... Quote:
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