Quote:
Originally Posted by tecoyah
But What if you can only afford an $80,000 house in the first place?
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If you were making a point, I missed it.
I pulled the number out of my butt, regardless of the sell price of the house, the interest rate is a major factor. If you can afford an $80,000 house with an interest rate of 8%, imagine how much nicer of a house you can get at 7%. 6%. 5%.
my point being, this debate/argument is missing many key elements that are extremely important and relevant.
The topic itself is very important, but to leave out key factors and points, makes the end result moot.
/still thinks Bush Jr. overspent