Thread: Owning a house.
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Old 05-27-2007, 10:29 AM
Roan Roan is offline
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Join Date: Dec 2004
Posts: 288
Default Re: Owning a house.

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I'm watching TLC about couples buying houses and living together. It seems to me the thought of buying a house is worthless for the fact that the bank owns it and you're going to end up paying 3x the price if you dont just pay up front. Your thoughts?

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This post kinda makes my head hurt, not trying to be a dick, but i'm also not really sure to begin....

My guess is that anyone who is having their story put onto TLC probably has some get rich quick/flip plan for their house and stands a decent chance of getting in over their head.

But for the millions of Mom/Dad/2.4 Kids/Dog families out there buying a house and living in it for 20-40 years is probably the best investment that any of them will ever make.

Long term, what is the alternative to a mortgage?
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