3 ms·
The problem is that many in the US have been brainwashed into believing their house IS an investment and this justifies purchasing above their means, because "a
by rbranson 16y ago
The problem is that many in the US have been brainwashed into believing their house IS an investment and this justifies purchasing above their means, because "at least I'm not throwing the money away in rent."
- jaltucher 16y agoRight. The big issue is people think they are wasting money on rent. But if you factor in mortgaeg, taxes, maintenance, etc it still comes to rent or more, EVEN when the house is paid off and there is no mortgage (but taxes keep going up)