Surprise Z costs

Jeffblue · 02-01-2012, 05:00 PM

Quote:

Originally Posted by m4a1mustang

Generally I'd agree with you, but there are plenty of reasons not to buy a house. I know the "American Dream" and all says everyone MUST BUY A HAUS, but it's not always the best option for everybody.

if you rented for the past few years, you're way better off than if you bought.

BrianMSmith · 02-10-2012, 11:26 PM

Quote:

Originally Posted by Jeffblue

if you rented for the past few years, you're way better off than if you bought.

not necessarily. I bought a house in 03, sold for massive profit in 06, bought another brand new but cheaper house with a huge down payment, I clearly saw a bubble about to burst, so despite losing 30% of the (artificially high) market value when I purchased, I was able to refi into extraordinarily low rates, under 4% on a 15yr, so I still came out way ahead of renting a house compared to renting over the same period.

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