Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
Life After Brown
How Much is Your Car Payment?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Up In Smoke" data-source="post: 5595126" data-attributes="member: 79702"><p>I completely understand the desire to own a home (the real estate industry drives our personal income) and at one time it was a way to build wealth. The loss of most deductions and the steady increases to taxes and insurance have diminished the value of a home purchase. Yes, a home will appreciate over time, but only fractionally to what you pay. We have seen in our area over the last 4-5 years a shift from private ownership properties to investment/private equity ownership properties. This works for them because of the ability to pull equity out of the properties virtually tax free on the earnings side.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5595126, member: 79702"] I completely understand the desire to own a home (the real estate industry drives our personal income) and at one time it was a way to build wealth. The loss of most deductions and the steady increases to taxes and insurance have diminished the value of a home purchase. Yes, a home will appreciate over time, but only fractionally to what you pay. We have seen in our area over the last 4-5 years a shift from private ownership properties to investment/private equity ownership properties. This works for them because of the ability to pull equity out of the properties virtually tax free on the earnings side. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
Life After Brown
How Much is Your Car Payment?
Top