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Old 06-05-2009, 01:31 PM
sk2006 sk2006 is offline
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Priority Date
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Sep-04
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EB2
I140 Mailed Date
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07/24/2007
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India
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I-140+I-485
I485 Mailed Date
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07/24/2007
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Join Date: Oct 2006
Posts: 151
sk2006 is infamous around these parts sk2006 is infamous around these parts sk2006 is infamous around these parts sk2006 is infamous around these parts sk2006 is infamous around these parts sk2006 is infamous around these parts sk2006 is infamous around these parts
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Quote:
Originally Posted by validIV View Post
Sorry but no matter how you spin it, owning a home is better than renting. Renting is not smart. period. your money is gone every month. You are not getting that money back.
When you own a home, the money goes towards a mortgage, and although most of it goes to interest at first, all interest paid is tax deductible which is a huge chunk of change every year. I get more money back as an owner than a renter and in the long run I save more AND own the home.

30 year renter vs 30 year home owner? That is not rocket science.
..And those who bought in the bubble lost money much faster than they would have "Lost" the money renting! Some of them even lost the whole House along with their Credit score!

LOL.
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