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To: Cogito Ergo Sum who wrote (82142)10/26/2011 2:10:01 AM
From: Hawkmoon  Respond to of 220083
 
Home should be treated as insurance...

Well.. there is something to be said for owning a home, over renting. Primarily when it involves raising a family where a bit of stability is important.

But as I said, we own homes because we'd rather have equity in it, rather than paying a landlord and never seeing a return on our money.

Bottom line, an empty house, not drawing rent, or in lieu of paying rent to someone else, is a money pit..

Hawk