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.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (4103)4/11/2004 5:05:39 PM
From: Tommaso  Read Replies (2) | Respond to of 116555
 
I recommend the NY Times story today about the people trying to buy inexpensive houses in the Poconos and commute to jobs in NYC. A disastrous plan for most, it seems. Those who haven't been foreclosed yet may be as gasoline prices go up. Imagine driving over a thousand miles a week to work!

But such is the power of the idea of "owning your own home."



To: gregor_us who wrote (4103)4/12/2004 9:30:21 AM
From: Pogeu Mahone  Read Replies (1) | Respond to of 116555
 
<<I agree totally. People may instinctively realize the dollar is at risk of becoming increasingly worthless. Therefore, why not trade in those worthless green things for a real asset?
>>
i see this pass for thinking all the time
A house is a real asset?
the buyer does not own the house ,the bank does,the buyer owns the mortage


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