tag:blogger.com,1999:blog-3193630162977872529.post1730851849796856396..comments2023-09-28T06:12:49.795-06:00Comments on Gates on "Stuff": Housing illusionsGates VPhttp://www.blogger.com/profile/13840555181094178187noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3193630162977872529.post-3229052553584395352011-08-13T02:04:46.112-06:002011-08-13T02:04:46.112-06:00I agree but I think for the people who do not Inve...I agree but I think for the people who do not Invest they need to purchase a home or they'll never have a leg to stand on.Jakehttp://www.compounding-dividends.comnoreply@blogger.comtag:blogger.com,1999:blog-3193630162977872529.post-79676969350483473122008-09-27T03:13:00.000-06:002008-09-27T03:13:00.000-06:00I agree but I think for the people who do not Inve...I agree but I think for the people who do not Invest they need to purchase a home or they'll never have a leg to stand on.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3193630162977872529.post-26345966838193717552008-09-26T16:19:00.000-06:002008-09-26T16:19:00.000-06:00But thank you for the article. You looked at it f...But thank you for the article. You looked at it from a much more detailed perspective than I would generally consider.Misnerhttps://www.blogger.com/profile/12716026772467078128noreply@blogger.comtag:blogger.com,1999:blog-3193630162977872529.post-23417739770738487682008-09-26T16:18:00.000-06:002008-09-26T16:18:00.000-06:00I personally believe too many people treat their p...I personally believe too many people treat their primary residence as an investment. I fully understand it contributes to your net worth, and you clearly want to avoid a complete lemon: but I think even in the terms of personal finance it should always be considered that it's YOUR HOUSE.<BR/><BR/>You live here, you spend your life here, and you hopefully love your family here.<BR/><BR/>If I takeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3193630162977872529.post-42468615728434964272008-08-14T08:15:00.000-06:002008-08-14T08:15:00.000-06:00Hey @Nolan, I think that DAvid pretty much nails i...Hey <B>@Nolan</B>, I think that <B>DAvid</B> pretty much nails it. <BR/><BR/>The average monthly cost of home ownership is <I>almost always</I> more expensive than the average cost of a rental. So the big calculation here is finding the difference. If I rent and save the difference, how much money do I end up vs. owning a home? You might end up with a $200k home, but I might end up with $250k inGates VPhttps://www.blogger.com/profile/13840555181094178187noreply@blogger.comtag:blogger.com,1999:blog-3193630162977872529.post-47811470319844353702008-08-13T14:06:00.000-06:002008-08-13T14:06:00.000-06:00Hi Gates,I respect your comment "This has been has...Hi Gates,<BR/><BR/>I respect your comment "This has been hashed and re-hashed on this forum and elsewhere. The data in no way supports your thesis and I would urge not to spread such dangerous information."<BR/><BR/>Show me your data that contradicts that a property bought today will not be worth substantially more in 25 years.Anonymousnoreply@blogger.com