Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin

Most adults don’t own their home’s
Mortgages are evil.


58 posted on 12/13/2015 9:33:01 AM PST by ctdonath2 (History does not long entrust the care of freedom to the week or the timid. - Ike)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ctdonath2

Mortgages are most certainly not evil. When not abused by idiot Presidents and community organizers they were the single biggest contributor to a nation where almost any middle class worker could afford to buy a home to raise a family in.

Families who rent a home pay far more out over time than the interest and taxes on buying with a mortgage. Over the long term if you buy in a decent place to live the increase in value of your property far outstrips the mortgage interest, basically allowing you to collect all of the capital gains on an asset that the bank owns most of during the first 10 years or so.


95 posted on 12/13/2015 6:19:18 PM PST by Go_Raiders (Freedom doesn't give you the right to take from others, no matter how innocent your program sounds.)
[ Post Reply | Private Reply | To 58 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson