Quote:
quote:mackdadunk-
You have forgotten one little item SHREWDY and that is rent. Someone has to pay rent. It is either your self who has to live somewhere, or a tenant, it is not important to the debate.
Let us presume you paid 25% deposit to have the rent cover the mortgage, and expences. You have invested 25% to get a capital gain of 10% on 100%. The capital gain more or less equals interest to the bank. Then take it further down the track, your rent increases along with your capital gain, giving you a much better return as the years go by. You need to stop and think it out for a change, most people that i know have got rich doing just that. Macdunk
in my decision making, I weigh eveything up and leave out nothing... I look at it from my point of view, I look at it from yours...