GoFuckYourself.com - Adult Webmaster Forum - View Single Post

DamageX · 07-25-2012, 05:25 AM

As long as the total amount of house payments (mortgage + interest) is lower than or equal to the total amount of rent you'd pay during that same period, a house is a great deal. Even if it depreciates in value by 90%, you still have 10% more left than if you had been renting the entire time.

Assuming, of course, you'd have the same space and standard of living in your own house as you would in a rental.

07-25-2012, 05:25 AM
DamageX Marketing & Strategy Industry Role: Join Date: Jun 2001 Location: Former nomad Posts: 14,293	As long as the total amount of house payments (mortgage + interest) is lower than or equal to the total amount of rent you'd pay during that same period, a house is a great deal. Even if it depreciates in value by 90%, you still have 10% more left than if you had been renting the entire time. Assuming, of course, you'd have the same space and standard of living in your own house as you would in a rental. __________________ Whitehat is for chumps If you don't do it, somebody else will - true story!