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re: What's your opinion of people who are underwater on their mortgages?

Posted on 6/16/15 at 2:20 pm to
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 6/16/15 at 2:20 pm to
quote:

You pay so much in mortgage interest (and mortgage insurance, depending) over the years that "building equity" is incredibly misleading. Not to mention property taxes, homeowners insurance, maintenance, etc.

Buying a home is not an "investment", it's simply you buying a home vs. renting it.


wrong. all wrong.
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