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Sunday, July 22, 2007
Buy Vs Rent
1. monthly rent * 200 = house price
2. inflation.
3. think of the things you don't like about the apartment
4. financial:
networth (asset-debt)
forced saving by paying down the mortgage
equity: trade down, borrowing, reverse mortgage
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PITI
FNMA and GNMA
what can you afford?
Buy Vs Rent
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