Subject: Re: I urge you to boycott The Learning Channel.
References: <3FE87D54.7EB9E95F@mindspring.com> <3FE8863B.EFC2E9E0@mindspring.com> <firstname.lastname@example.org> <3FE88B49.F8BB34C5@mindspring.com>
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Date: Wed, 24 Dec 2003 02:22:54 GMT
NNTP-Posting-Date: Tue, 23 Dec 2003 18:22:54 PST
Organization: EarthLink Inc. -- http://www.EarthLink.net
no name wrote:
>On Tue, 23 Dec 2003 13:36:57 -0500, "C. E. White"
>>no name wrote:
>>> I wouldn't finance a house -- you don't own it, the banks do and after
>>> paying for a financed house you wind up paying 3 or 4 times more than the
>>> selling price. Financing homes is making people poor.
>>> What I'd do is save my money and buy a small house for cash.
>>So do you live in a cave or a tent while you are saving the money? Don't you think paying
>>rent is making you poor?
>Pool your resources and have a plan. Rent a house with others, each could
>save their own money. In a few years you'd have plenty to buy a small house
>for cash. Hell, you could even leave the country and buy a small house for
>cash in another country where the real estate is cheap.
So what do you do for work in this other country where real estate is
so cheap. Typically real estate is cheap because wages are cheap. It
sounds like a decent idea for retirement, but not a good idea if you
still need to earn money to live off of.