InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.21
(
-0.09%
)
Bitcoin
66,703.16
(
0.77%
)
Post# of 25966
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

QuickTrade

Send PM Follow Ignore
Followers 44
Posts 8325
Boards Moderated 4
Alias Born 08/15/2005

QuickTrade

Re: timhyma post# 25146

Sunday, 06/22/2008 9:14:43 PM

Sunday, June 22, 2008 9:14:43 PM

Post# of 25966
True. Very true. Then again, they'll have that cash saved so they can put 20-30% down or even buy a car right out. lol rates will be up but home prices will be down from years ago.

You figure 5 yrs x $20,000 saved = $100,000 cash in 5 years on no interest accumulation. Just under your pillow.

I say $20,000 because if their mortgage is $2500, and maintenance expenses is $500/mth and they can sacrafice a smaller space for $1400 rent. Then their saving about $1600 a month!


QT
My Alternative Energy Board.

QT
My Alternative Energy Board.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up