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To: Tradelite who wrote (145748)1/23/2002 8:02:47 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
Tradelite,

>>If the homeowner takes advantage of the hefty tax deductions on his mortgage early in life, he can be in a better position to invest other money in higher-paying investments. And right there we have the reason that so many older people in this country have assets which they are passing along to their heirs, including valuable real estate itself.

For some reason you are not able to understand the difference between investing and cost of a life styles.

I have you on ignore.

Joan