Precisely why the likelyhood of 11% interest rates hapening is pretty much nil. If the US falls into a recession, rates are going back down....
Good enough. I read elsewhere that you were paying 2300$/month in rent. I hope that you are putting the 65% difference aside over the long...
There is no interest deduction when paying off your mortgage unlike the US. When you sell your principal residence, there are no capital gains...
Taxes are 120$/month insurance is 60$. My job is being self-employed and I decide when I move. Rent is easily the same as my MTG payment....
Because the subject of the thread is not Economics of Renting vs. Owning in California. I am trying to prove to these folks that it is not a...
Your opinion is anecdotal and assumes that the market where you live is representative of ALL real estate market therefore in ALL cases renting is...
Well that's a simplistic question. MyP&I of 1000$/month on a detached house is about the same as renting an appartment , except that 7 years from...
I can live in a house, can't live in a bond. Hardly the same thing. If when you bought your house 20 years ago your mortgage payment (on your...
I think that what he means is that you can lock the same payment over 30 years whereas as a renter you have no choice but to pay prevalent market...
You'd be surprised how many people on ET were calling the top of the 'bubble' back in 2002.
Lets not forget that he is in the position to eliminate his mortgage if he downsizes and/or moves to a cheaper area of the country. Living...
The funny thing about people that 'love it' when the real estate market is in a down cycle, ie. renters, is that they are too chicken to buy...
Get the 2K minimum and pay 1$/per trade at IB rather than 25$/ trade. You don't even have to use the whole 2K for trading, just leave it sitting...
It all depends when you bought it. If it's gone up 100% the 3 years previous then I can live with a 20% dip. I know in Florida right now, it's a...
To me the whole point of rental properties is to have someone pay off your properties over a long period of time. So, with that in mind, at...
With low interest like we have today you are still building equity, even in the first 5 years. ie: A 25 year mtg of 175K @ 4.85% will...
I just flipped a house and made 60K in Calgary. It cost me 3 months of interest payments and some elbow work. Now, Calgary is a pretty hot market...
Web Services have way too much overhead to be used for these kind of applications. (In an application like IB, 99% of the message would describe...
Don't shoot the messenger just because you don't like the message.
Brandon, The video does not seem to be available, I get a 'Page Not Found' error. Thanks!
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