Comments on: Killing MORE Myths of Homeownership http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/ Regretting the American Dream Wed, 24 Aug 2011 17:37:02 +0000 hourly 1 http://wordpress.com/ By: Anonymous http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/#comment-492 Tue, 11 May 2010 00:39:16 +0000 http://reallyfuckedhomeowner.com/?p=254#comment-492 You forgot another myth: the myth of modifying the house any way you like. Homeowner associations are notorious about pickiness about even minutae like the number and type or color of flowers in the flowerbeds. To say nothing about solar panels!

]]> By: Joe http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/#comment-407 Tue, 01 Dec 2009 21:28:17 +0000 http://reallyfuckedhomeowner.com/?p=254#comment-407 I think people forget how nice it is to call the landlord when something breaks. I think the whole “Pay nothing when the house is paid off” is how my grandparents saw things. Now on average people move at least every 7 years.

]]> By: Your Landlord http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/#comment-382 Wed, 14 Oct 2009 23:56:32 +0000 http://reallyfuckedhomeowner.com/?p=254#comment-382 Myth #1: – *ALL* homeowners took out 30 year mortgages to buy their homes.

Thank you, Marcitz! Without you and those that think like you, I’d be out of business and have to (UGH!) *work* for a iving, LOL!! I really should put you on my payroll, as your spreading your (outdated) philosophy and out-of-touch grasp of “the numbers” nowadays, keeps me in willing vict,..er, “tenants” who not only pay my newly-bought houses off in less than 5 years, but also continue to provide me with passive income long afterwards. I (Heart) Renters!!!!

]]> By: Jim A. http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/#comment-282 Mon, 08 Jun 2009 12:47:57 +0000 http://reallyfuckedhomeowner.com/?p=254#comment-282 I’ll comment here since the previous post is probably stale.
The thing that you have to rember about the mortgage deduction is that it is intended to equalize the playing field between landlords and owner/occupiers. The Landlord gets to deduct his mortgage interest as a business expense. This means that without a mortgage deduction it is likely that there is a purchase price that makes economic sense for a landlord but not for an owner occupier, depending on the tax rate and other costs. –Of course in most areas of the U.S. today, prices still don’t make sense for ANYBODY.

]]> By: HouseOwners http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/#comment-231 Wed, 06 May 2009 10:13:14 +0000 http://reallyfuckedhomeowner.com/?p=254#comment-231 Very good information! Every house owner that has a mortgage on the house, as well as those who want to buy a house should be aware of the risks he is exposed to and should think twice before he signs!

]]> By: Killing the Myths of Homeownership « ReallyFuckedHomeowner.com http://reallyfuckedhomeowner.com/2009/05/04/killing-more-myths-of-homeownership/#comment-226 Tue, 05 May 2009 05:06:06 +0000 http://reallyfuckedhomeowner.com/?p=254#comment-226 [...] See more myths in this follow-up post. [...]

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