Rupert! - What were you thinking?

bboyminn bboyminn at yahoo.com
Sat Oct 10 20:53:03 UTC 2009


All that ranting and rambling said, Rupert doe a have a real
advantage, these homes are all paid for free and clear. If you've
ever bought a house, and I'm sure many of you have, you know that
the price of the house is only a fraction of the cost of a house.

I bought a house at US$89,000 quite a few years back, but they
full pay off cost of the 30 year mortgage was something like
US$300,000. The money Rupert saves on interest will go a long
way to paying for maintenance. 

But that is something of a phantom too. That only works if you
still buy a $89,000 house. If you instead buy a $300,000 
house, you save nothing and are riddled with even higher 
expenses. 

Again, I'm probably fretting and worrying over nothing. But it
seems to me that Rupert has way over extended himself. 

Steve/bboyminn





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