[A. Pole]

Home ownership is the best form of savings available. Average return on investment averages 17% per annnum. What bank will give you that?

Hmm, and what if the prices of homes go down?

[Juan Medén]

They fluctuate over time. But real estate has proven over the years to be among the best investments a person can make.

[syriacus]

Hmm, and what if the prices of homes go down?

If those people hadn't been paying for their homes, they'd have been throwing their money at landlords.

Perhaps renting, rather than buying, is a good idea in some areas at some times. But usually it's not a good way to use money.

[investigateworld]

To: Juan Medén Home ownership is the best form of savings available. Average return on investment averages 17% per annnum. What bank will give you that?

Hmm, and what if the prices of homes go down?

11 posted on Wednesday, February 01, 2006 6:15:10 AM by A. Pole (The freemarketeers are economic men, greedy, rational and controlled by the invisible hand market.)

To: A.Pole

IW Raises hand:

"It took a while, but know! I know!!"