4 ms·
Too bad I only own it after paying massive interest for 30 years that is adjusted every 10 years (or unreasonably high). A house costs you a large part of your
by teekert 8y ago
Too bad I only own it after paying massive interest for 30 years that is adjusted every 10 years (or unreasonably high). A house costs you a large part of your income for 30 years now and somehow people fail to see this as debt, they just accept it and hope their house grows even faster in value than the others.
- bluGill 8y agoAfter 30 years though... If you are not reasonably able to think 40 years ahead a house is not for you. But renting isn't going to do better either as you need to think 40 years ahead for any investment.