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Old 04-24-2009, 11:41 AM
gales0678 gales0678 is offline
Oriental Park
 
Join Date: May 2006
Location: new york
Posts: 3,670
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Quote:
Originally Posted by randallscott35
Houses are a depreciating asset. Always have been. They are a place to live, not an investment.

appeantly the last 2 presidents before Obama both hailed record home ownership in the country , the problem , is there were too many people in too many houses that they couldn't afford to live in over the life of the mortgage
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