Quote:
Originally Posted by woj
we don't "need" it either... but what idiot would spend half his life saving to buy a house with cash?
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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
when you can just take out a loan at 3% interest rate, and buy it today?
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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".