4 ms·
At the end of the day it's still a house.
by heartbreak 8y ago
At the end of the day it's still a house.
- nonbel 8y agoWhat does that have to do with owing a bank 300k and then your assets are worth ~150k?
- cinquemb 8y agoI made the joke (about what is considered a depreciating asset or not) on an S&P e-mini forum a couple of days ago that went something this: Most people don't buy houses, they buy mortgages worth $x00,000 on an "asset" that goes to being valued at $x00,000 / 2 when interests rates double…