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To: Jaysun
Actually, I'm paying $1600/mo. Less than what it would rent for. Although renting IMHO has been ridiculously expensive, especially if you consider the zero equity factor.
150 posted on 09/01/2006 9:25:45 PM PDT by Rate_Determining_Step (US Military - Draining the Swamp of Terrorism since 2001!)
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To: Rate_Determining_Step
Actually, I'm paying $1600/mo. Less than what it would rent for. Although renting IMHO has been ridiculously expensive, especially if you consider the zero equity factor.

I see. Then the value of your home is higher than average. Congratulations.

Renting is idiotic unless it's absolutely necessary. And many neglect to consider the tax advantages of buying a home when comparing mortgage payments to that of rentals, not to mention the building of equity.
153 posted on 09/01/2006 11:29:58 PM PDT by Jaysun (Send my comments to 9 people and instruct them to do the same - you'll live to be 100.)
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