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Choker · 07-24-2012, 07:55 PM

So my married daughter is hell bent on buying a house. I have showed her stats of depreciation, mortgage tables, etc etc and still she insists. With 5% down the moment you move in you owe more than it's worth. Add in depreciation of about 8% or so and you are fucked.

Do you think it's a good idea to buy a house in today's market? I think it's dumber than dumb.

07-24-2012, 07:55 PM
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