> No, go to the local home purchaser union, join up and save 10% of the > value of the house into an account.
So, first I must have 10% of the house's value. I don't, but say I get them. No... actually the first problem is the existence of the union, but we consider it there. > Then pick the house and show that besides paying rent, you will be able to > save the current value equivalent of the house within the next 20 years. > Have the union buy the house and rent it to you for 20 years. After 20 > years pay the remaining 90% and it's yours. Then I have to pay the rent, plus the rest of 90% of the value of the house?! Maybe you wanted to say the 90% are covered by the rent paid for those 20 years. If not, then the price of the house just doubled (rent + price). Anyway, the problem is the rent is still paid and it adds up to at least the same amount as the loan (plus interest), since those who rent (the members of the union) also want to make a profit. Or, of course, the people who put the money together in the union (the members), don't get any profit out of it (only their house, when is their turn), and provided there absolutely no inflation ever (which I believe is an utopia, gold or no gold as currency). And those who just got a house have to pay the rent plus a small amount of money to cover their union contribution (which I say gets close to the interest since a house is not cheap), so that other union members can have their house. Now what?! Regards, George Hara ------------------------------------------------------- Xnet scaneaza automat toate mesajele impotriva virusilor folosind RAV AntiVirus. Xnet automatically scans all messages for viruses using RAV AntiVirus. Nota: RAV AntiVirus poate sa nu detecteze toti virusii noi sau toate variantele lor. Va rugam sa luati in considerare ca exista un risc de fiecare data cand deschideti fisiere atasate si ca MobiFon nu este responsabila pentru nici un prejudiciu cauzat de virusi. Disclaimer: RAV AntiVirus may not be able to detect all new viruses and variants. Please be aware that there is a risk involved whenever opening e-mail attachments to your computer and that MobiFon is not responsible for any damages caused by viruses. --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
