Quote:
Originally posted by Amputate Your Head
some of you guys got your priorities mixed up.... a shiny BMW isn't going to increase in value like a house will. And it's not going to help you on your taxes either, like a house will.
and 400 square feet???  My deck is 1200 sq ft.
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I agree. Bought a house in '97. CPA told me I needed the interest for a write-off so I didn't pay cash, but since then he's decided the interest isn't doing as much good as paying the house off does. I'll be paid off in February...yehaaww.. then I can sit back and watch it increase in value every year.
As for the 400 square feet. My bedroom is way bigger than that. I think my first apartment was 700 sq feet.
As for a 1300 square foot apartment..why pay in rent what you could be paying on a house payment?