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November 2008

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Subject:
From:
Louis Hart <[log in to unmask]>
Reply To:
TechNet E-Mail Forum <[log in to unmask]>, Louis Hart <[log in to unmask]>
Date:
Wed, 26 Nov 2008 13:58:23 -0500
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Ahne and Syed approach would have been good to follow in buying a house over the past few years: one could not have bought, and hence avoided the crash in prices and loss of everything.

My limited information indicates that, over the past 100 years, a house does not, on average, qualify as an investment. Buying or renting, housing is an expense.

Louis Hart

-----Original Message-----
From: TechNet [mailto:[log in to unmask]] On Behalf Of Upton, Shawn
Sent: Wednesday, November 26, 2008 1:42 PM
To: [log in to unmask]
Subject: Re: [TN] A Modern Parable - car topic

It's a great method, pay for it first, but really hard to do when buying
a house.  Save up $200k+ while renting at $1k+/month?  Not so easy.
Also hard to do for college, unless if ones parents want to dole out
that kind of dough.

Shawn Upton, KB1CKT
Test Engineer
Allegro MicroSystems, Inc
[log in to unmask]
603.626.2429/fax: 603.641.5336

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