foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend)

[scaredyclassic]

Steady income is security. Money or gold or liquid assets are security. Good health and loyal sons with strong backs are security. A house is a taxable box u crap in and bears zero relation to actual security. It is merely the illusion of security

[scaredyclassic]

a house or cash in the exact equivalent amount at any given moment in time? no contest. the cash. cash will buy you a house, the house will not necessarily get you the cash. transaction fees.

inheriting a particular house with all its idiosyncrasies is kind of like inheriting someone’s pants. they might fit but they probably don’t, and even if they did, it’s not your style…

[scaredyclassic]

a house or cash in the exact equivalent amount at any given moment in time? no contest. the cash. cash will buy you a house, the house will not necessarily get you the cash. transaction fees.

inheriting a particular house with all its idiosyncrasies is kind of like inheriting someone’s pants. they might fit but they probably don’t, and even if they did, it’s not your style…

[scaredyclassic]

a house or cash in the exact equivalent amount at any given moment in time? no contest. the cash. cash will buy you a house, the house will not necessarily get you the cash. transaction fees.

inheriting a particular house with all its idiosyncrasies is kind of like inheriting someone’s pants. they might fit but they probably don’t, and even if they did, it’s not your style…

[scaredyclassic]

a house or cash in the exact equivalent amount at any given moment in time? no contest. the cash. cash will buy you a house, the house will not necessarily get you the cash. transaction fees.

inheriting a particular house with all its idiosyncrasies is kind of like inheriting someone’s pants. they might fit but they probably don’t, and even if they did, it’s not your style…

[scaredyclassic]

a house or cash in the exact equivalent amount at any given moment in time? no contest. the cash. cash will buy you a house, the house will not necessarily get you the cash. transaction fees.

inheriting a particular house with all its idiosyncrasies is kind of like inheriting someone’s pants. they might fit but they probably don’t, and even if they did, it’s not your style…

[jpinpb]

[quote=scaredycat]Steady income is security. Money or gold or liquid assets are security. Good health and loyal sons with strong backs are security. A house is a taxable box u crap in and bears zero relation to actual security. It is merely the illusion of security[/quote]

It gives you a roof over your head. Granted, renting will do the same. But if you own it free and clear, one less bill monthly. That can be liberating. Ask anyone who is not paying their mortgage and living for free while the banks don’t foreclose for years.

[jpinpb]

[quote=scaredycat]Steady income is security. Money or gold or liquid assets are security. Good health and loyal sons with strong backs are security. A house is a taxable box u crap in and bears zero relation to actual security. It is merely the illusion of security[/quote]

It gives you a roof over your head. Granted, renting will do the same. But if you own it free and clear, one less bill monthly. That can be liberating. Ask anyone who is not paying their mortgage and living for free while the banks don’t foreclose for years.

[jpinpb]

[quote=scaredycat]Steady income is security. Money or gold or liquid assets are security. Good health and loyal sons with strong backs are security. A house is a taxable box u crap in and bears zero relation to actual security. It is merely the illusion of security[/quote]

It gives you a roof over your head. Granted, renting will do the same. But if you own it free and clear, one less bill monthly. That can be liberating. Ask anyone who is not paying their mortgage and living for free while the banks don’t foreclose for years.

[jpinpb]

[quote=scaredycat]Steady income is security. Money or gold or liquid assets are security. Good health and loyal sons with strong backs are security. A house is a taxable box u crap in and bears zero relation to actual security. It is merely the illusion of security[/quote]

It gives you a roof over your head. Granted, renting will do the same. But if you own it free and clear, one less bill monthly. That can be liberating. Ask anyone who is not paying their mortgage and living for free while the banks don’t foreclose for years.

[jpinpb]

[quote=scaredycat]Steady income is security. Money or gold or liquid assets are security. Good health and loyal sons with strong backs are security. A house is a taxable box u crap in and bears zero relation to actual security. It is merely the illusion of security[/quote]

It gives you a roof over your head. Granted, renting will do the same. But if you own it free and clear, one less bill monthly. That can be liberating. Ask anyone who is not paying their mortgage and living for free while the banks don’t foreclose for years.

[scaredyclassic]

a decaying roof.

in a place that might not be a place you can earn a living.

it’s not a portable roof.

this is not to say the illusion of security has no value. I think the illusion of security and stability can have some value in forming the personal mythology of specific families. But I think we as a society tend to greatly overestimate that value in dollars and cents.

[scaredyclassic]

a decaying roof.

in a place that might not be a place you can earn a living.

it’s not a portable roof.

this is not to say the illusion of security has no value. I think the illusion of security and stability can have some value in forming the personal mythology of specific families. But I think we as a society tend to greatly overestimate that value in dollars and cents.

[scaredyclassic]

a decaying roof.

in a place that might not be a place you can earn a living.

it’s not a portable roof.

this is not to say the illusion of security has no value. I think the illusion of security and stability can have some value in forming the personal mythology of specific families. But I think we as a society tend to greatly overestimate that value in dollars and cents.

[scaredyclassic]

a decaying roof.

in a place that might not be a place you can earn a living.

it’s not a portable roof.

this is not to say the illusion of security has no value. I think the illusion of security and stability can have some value in forming the personal mythology of specific families. But I think we as a society tend to greatly overestimate that value in dollars and cents.

[Author]

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