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To: muawiyah

Would you buy a home if you knew that whatever the purchase price in 5 years it would lose 20-25% of its value/resale value?


39 posted on 08/27/2010 4:42:10 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: Ghost of Philip Marlowe
Certainly ~ if the aggregate out of pocket costs were less than renting the same quality house at a comparable location.

Otherwise where would I live?

Remember, homes should ideally first serve the purpose of providing shelter.

42 posted on 08/27/2010 5:10:23 AM PDT by muawiyah
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