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MarketTicker Forums Read Message in Foreclosuregate
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User Info Zuckerberg gets LIBOR'ed in forum [Foreclosuregate]
Djloche
Posts: 3279
Incept: 2008-07-07
Silver
In the Mountains
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Quote:
and if your dont pay your property tax.. what happens to your so called asset.


i'm not sure how this is relevant. the government wants to steal everything you have regardless of how much private debt you have.

tyrannical governments and personal private debts are two different things.

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"If we wish to be free, we must fight! I repeat it, sir, we must fight! An appeal to arms and to the God of Hosts is all that is left us! Gentlemen may cry, "Peace! Peace!" -- but there is no peace. The war is actually begun! Our brethren are already in the field! Why stand we here idle?"
Laswyguy
Posts: 8326
Incept: 2007-07-25
Green
Orange County, CA
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my point is that your never free and clear of title in owning real estate... you pay off your car its yours but for a home, you must still pay the 1-1.5% a year for taxes and if you stop they seize your house and auction it off. If the cost to borrow is less than the inflation that you borrow as much as you can.

at 3% its break even.. the dont borrow argument makes sense at 4%.

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positive alpha - bitches!

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