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To: pallis
In the 1920's people had to save up their money to buy a home - paid in full before moving in...

Folks who don't want to take on debt can still do that - they won't have to worry about getting their down payment back... but they won't be living in their home for decades...

12 posted on 04/12/2011 3:55:43 PM PDT by GOPJ (Understanding the Koran: http://www.citizenwarrior.com/2009/05/terrifying-brilliance-of-islam.html)
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To: GOPJ

Yeap, life can be tough, but there are ways to get around being buried under a mountain of debt. Usually it is just a matter of doing with less until you can afford more. I wish I had the money to get into more real estate right now. There are a lot of bargains that will make good money when the market turns.


13 posted on 04/12/2011 4:13:15 PM PDT by pallis
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