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that clear and free feeling

Started by bf17290
over 13 years ago
Posts: 10
Member since: Jun 2007
Discussion about
I assume when someone owns a house outright, they feel secure for life, the land is theirs, the house is theirs, the air space I assume is theirs? Does that same feeling apply when you own your condo apartment outright? Or if you lost all your money and couldn't pay for the maintenance, they could kick you out of your apartment? Or what are some other worst case scenarios?
Response by bob420
over 13 years ago
Posts: 581
Member since: Apr 2009

Home/house has taxes. Don't pay them and see what happens.

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Response by Riversider
over 13 years ago
Posts: 13573
Member since: Apr 2009

Being debt free feels a hell of a lot better than owing.
Those people who think they own a home when there's a mortgage should think again.

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Response by notadmin
over 13 years ago
Posts: 3835
Member since: Jul 2008

> Being debt free feels a hell of a lot better than owing.

agree, being a debtor is for losers on my book

> "Those people who think they own a home when there's a mortgage should think again."

my version:
Those people who think they own anything when there's taxes for holding onto that "ownership" should think again.

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Response by Riversider
over 13 years ago
Posts: 13573
Member since: Apr 2009

Notadmin, You can't do much about taxes. Debt on the other hand is something one can effect.

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Response by NWT
over 13 years ago
Posts: 6643
Member since: Sep 2008

Renting doesn't mean you're debt-free. You've got an interest-only loan from the LL of the apartment's value.

If you're paying a low rate of interest for a lease term, then good, but you're still a debtor.

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Response by yikes
over 13 years ago
Posts: 1016
Member since: Mar 2012

the effecting of debt..

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Response by w67thstreet
over 13 years ago
Posts: 9003
Member since: Dec 2008

Sometimes I'll go into debt to buy shares of sprint. When the shares double then I can pay the loan back and have a million dollar left over.

Retarded ppl who can't earn more than 3% should own homes..... Raise of hands who is retarded. I'll put down Riversider as a yes.

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Response by w67thstreet
over 13 years ago
Posts: 9003
Member since: Dec 2008

Nwt. A stoooopid re masturbator as one can imagine. If the LLwants to subsidize my housing.... So be it.

The value of anything is based on the opportunity cost of the next best alternative.

Next retarded question.

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Response by hifier
over 13 years ago
Posts: 15
Member since: Jun 2012

What's the next sprint?

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Response by huntersburg
over 13 years ago
Posts: 11329
Member since: Nov 2010

>Sometimes I'll go into debt to buy shares of sprint.

100% contradicts what you said this weekend.

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