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To: Knighty Tin who wrote (266589)11/10/2003 3:22:04 PM
From: Tommaso  Respond to of 436258
 
Right. I knew a guy who was saying, at the height of a previous Route 128/Boston housing bubble, "I think of this house as an investment." He had borrowed about 90% at an interest rate of about 10% and paid top dollar on a little frame house. At this point if he still owns it, and refinanced a couple of times, it just may have been a break-even buy.

I think maybe it was Dickens, however, who wrote something like this: "One is afraid to ask after the health of Mr. [so and so] for fear that in the mean time he may have been hanged." I have not asked about that friend's financial health but I fear a disaster.