Academics agree: buying a house is bad for your wealth - W.C. Varones

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5.07.2011

Academics agree: buying a house is bad for your wealth

6 comments:

SarahB said...

Timing is everything. No regrets about renting for the 7 years of the bubble, and no regrets about my new $1800 mortgage. Pretty sure in ten years that will be chump change.

wcv said...

Sarah,

From your lips to Zimbabwe Ben's ears. Now I need that bastard to bail me out on my silver and gold as well as my house.

SarahB said...

Patience my wise friend. They can slow down the inflation tsunami some, but they can't the super nova coming our way.

Independent Accountant said...

WCV:
Now that "Academics agree", buy real estate.

IA

Anonymous said...

Well, then why did you just buy a house?

Anonymous said...

it's home, that's why

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