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Old 03-03-2015, 09:11 AM  
just a punk
So fuckin' bored
 
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Join Date: Jun 2003
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Quote:
Originally Posted by woj View Post
we don't "need" it either... but what idiot would spend half his life saving to buy a house with cash?
Pfff... You can rent it as long as you want (not really different to have a house pledged to the bank). Don't see any problem there. As about spending a half of life. Course when you pay high taxes, pay for obamacare, for credits etc, course you may spend not just a half but a whole your live to save for a home. But if you are free of all that shit, you can spend just a few years to accumulate the necessary money. That's just a radically different approach.

Quote:
Originally Posted by woj View Post
when you can just take out a loan at 3% interest rate, and buy it today?
You don't buy it. Bank buys and owns it while you pay to that bank for the loan. You are not owner. You are "owner".
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