TurquoiseB wrote: >--- In >[email protected], "tomandcindytraynoratfairfieldlis" ><[EMAIL PROTECTED]> wrote: > > >>The interesting thing about property is you eventually realize you >>don't own it. It Owns You. Tom >> >> > >Exactly why I've never bought a house. I've watched >so many friends go crazy trying to keep up with their >"investment" that the whole scene appears to me to be >one of the most effective means ever invented for >creating stress and unhappiness. > > > My house though an older home doesn't require a lot of keeping up. I guess I was lucky it was well taken care of to begin with an most upcoming issues will be easy to deal with. The equity is nice to have compared with that money going down the drain with rent. Of course with rent one isn't tied down as much and maintenance is up to the landlord which will work as long as they are responsive.
Also the purchase came at a time when the corporatized apartment complex I lived in had its rents becoming unreal and I realized I could own a house for the same fee. And since the house value has almost doubled. The scheme of course is the amount I save in taxes because of the mortgage interest deduction which could be threatened by the new taxation proposal (though I think will be difficult to pass). And it was also nice to have a garage to park my car in (unlike my neighbors who seem to use theirs for storage). At the apartment complex jerks were always parking in my assigned spot with little where else to park temporarily. And the complex became reluctant to call the tow trucks. ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/JjtolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
