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i bought my house for $76,000. its selling price at the high was app.$565,000.now app $490,000.does all this matter.not one bit. its paid off(20yrs on a 30 yr mtg.)& i never took a heloc. its not an asset or an investment. its the roof over my head & i secured it away from the greedy moneychangers as fast as i could.a house is a liability.not an asset.they fool every body so they can collect interest.some sheeples end up paying interest to 3 different financial entities
Sep 14 10:36 am
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All Comments by notsosmart »How Much Have our Real Estate Assets Gone Down? [View article]