ISP Information:
A synonym for the term "World Wide Web," often referred to as "The Web."
ISP Glossary:
Web - "Shawn "Me" Hearn" wrote in messagenews:srhi-82827A.17371408032004@news-60.giganews.com... In article , Ablang wrote: I was wondering... Is it cheaper to own one house and pay for it, or is it cheaper to buy a house, wait til it appreciates in value, and then buy a newer house of equal size? Cause I see a lot of people use that to vault up to bigger houses by buying & selling til they get profit from each one and be able to afford (or fall into deeper debt?) bigger homes. That's the fatal flaw in those folks' thinking. I wonder if you buy the same size house if you will come ahead in the end. Or does it get worse, because even though your old house appreciates, the one you buyalso appreciates proportionately? Get a hold of a spreadsheet, plug in the numbers and you will have your answer. To be more specific requires a lot of details that you did not disclose such as mortgage interest rates, points, any PMI, local taxes,neighborhood homes' values over time, and so on.houses depreciate, but demand for locations sometimes well-compensates :)
|
