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Old 04-24-2009, 01:10 PM
SniperSB23 SniperSB23 is offline
Hialeah Park
 
Join Date: Jun 2006
Location: Albany, NY
Posts: 6,086
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Quote:
Originally Posted by randallscott35
Bzzz. You aren't considering all the money you put into a house over the long term. Of course nominally it might go up. Which means nothing unless the buying power of the nominal increase is above the nominal increase of all other things needed to live.
And you aren't considering all the money you can write off in taxes and interest paid on your mortgage. You can't write off any rent money.
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