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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: HPilot who wrote (400924)7/23/2008 9:11:16 AM
From: Road Walker  Respond to of 1576655
 
So you sell your house for half you sold it for, but you buy a new house for half what it would have sold for when you bought your house. But you also pay less property tax. How is this a problem?

Uh, who pays the mortgage off on the first house?



To: HPilot who wrote (400924)7/23/2008 9:42:18 AM
From: bentway  Read Replies (4) | Respond to of 1576655
 
The problem is:

You sell your house for half what you paid for it. But your MORTGAGE hasn't been reduced by half. You pay the difference.

You're broke, you can't buy a new house.

You guys aren't deep thinkers, are you?