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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (25456)11/28/2004 3:07:10 PM
From: deenoRead Replies (2) | Respond to of 306849
 
I dont disagree with your post. But before they become to confident, you could have been doing this 5 years ago with the same specs, currently who is better off the for the last 5 years renter or the owner. And unless something drastically changes (which it might) the renter could never afford a house in a style that he has grown accustom and would be saddled with a rent that would seem to fluctuate with the whim of the rental market. That might rival the vagaries of the adjustable rate market. Oh well, I think they may be right for now.



To: Amy J who wrote (25456)11/28/2004 7:52:21 PM
From: damainmanRead Replies (2) | Respond to of 306849
 
Amy, your story makes me wonder why I shouldn't do this:

1.Sell my house

2. Using the equity I've gained, purchase a mix of treasuries and corporate bonds.

3. Use the bond interest to pay my rent (house or apartment).

4. Invest the money I would've used for mortgage, property tax, and insurance.