Many people have wondered lately. I thought it would be a good time to clarify what I say not a few weeks ago that looking at your primary residence as an investment. Some people thought I wanted to continue to rent rather than buy their habitat. It could not be further from the truth, so let me explain.
If you buy a house, take a big responsibility, but nicely paid on the road. My parents bought a house in 1964 and took a 30-year fixed rate mortgage. The monthly costs for this mortgage was very difficult for them to swallow in 1964, but in 1984, when they still have to pay $ 296.00 per month, it was a very sweet deal! » Read more: What to Invest in Now – Should I Buy a House Now?
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