Quote:
Originally Posted by CyberSEO
We live in globalized world, so I can earn in anything. Nobody can forbid me to do that. For example, I'm earning in Euros even more than in dollars 
I do. If you can't pay for the loan, you will lose the house. That's a simple as this
An average Russian may simple rent it for even a lesser %  |
While your country men starve...
anyway if you don't pay property taxes on a house but "own" it outright you will also lose the house. So you could argue that you never own any property...
But that is silly, and yes you own a house with a mortgage on it. Actually right now I would suggest anyone with a paid off house in the united states to pull the equity out and invest it
Things you can't do in russia because russia's economy is collapsing and its going to be many years before we get back to $90-100 a barrel oil. If ever...