SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (62994)6/22/1999 8:24:00 PM
From: benwood  Read Replies (3) | Respond to of 132070
 
Not only are you not required to purchase a house when the real estate market goes berzerk, but if you already own a home like I do then the morgage doesn't go anywhere (actually, it has drifted lower relative to my income).

Of course, the poor saps who've had to rent because they couldn't afford the skyrocketing housing costs in Seattle have seen their rents go up year after year...



To: BGR who wrote (62994)6/22/1999 8:26:00 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
BGR,

I didn't say they did. I said "assume". I was presenting an example of how rent and home increases can diverge and negatively effect the non-owner who might want to become one.

Wayne


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News