It got worse, unfortunately houses were then treated like ATMs In a message dated 11/26/2008 2:11:40 P.M. Pacific Standard Time, [log in to unmask] writes: Louis, I couldn't agree more...treating a house as an investment...that's how this all started out...plus of course, with the help of the banks. Andy Quoting Louis Hart <[log in to unmask]>: > 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 > > --------------------------------------------------- > Technet Mail List provided as a service by IPC using LISTSERV 15.0 > To unsubscribe, send a message to [log in to unmask] with following text in > the BODY (NOT the subject field): SIGNOFF Technet > To temporarily halt or (re-start) delivery of Technet send e-mail to > [log in to unmask]: SET Technet NOMAIL or (MAIL) > To receive ONE mailing per day of all the posts: send e-mail to > [log in to unmask]: SET Technet Digest > Search the archives of previous posts at: http://listserv.ipc.org/archives > Please visit IPC web site > http://www.ipc.org/contentpage.asp?Pageid=4.3.16 for additional > information, or contact Keach Sasamori at [log in to unmask] or > 847-615-7100 ext.2815 > ----------------------------------------------------- > --------------------------------------------------- Technet Mail List provided as a service by IPC using LISTSERV 15.0 To unsubscribe, send a message to [log in to unmask] with following text in the BODY (NOT the subject field): SIGNOFF Technet To temporarily halt or (re-start) delivery of Technet send e-mail to [log in to unmask]: SET Technet NOMAIL or (MAIL) To receive ONE mailing per day of all the posts: send e-mail to [log in to unmask]: SET Technet Digest Search the archives of previous posts at: http://listserv.ipc.org/archives Please visit IPC web site http://www.ipc.org/contentpage.asp?Pageid=4.3.16 for additional information, or contact Keach Sasamori at [log in to unmask] or 847-615-7100 ext.2815 ----------------------------------------------------- **************Life should be easier. So should your homepage. Try the NEW AOL.com. (http://www.aol.com/?optin=new-dp&icid=aolcom40vanity&ncid=emlcntaolcom00000002) --------------------------------------------------- Technet Mail List provided as a service by IPC using LISTSERV 15.0 To unsubscribe, send a message to [log in to unmask] with following text in the BODY (NOT the subject field): SIGNOFF Technet To temporarily halt or (re-start) delivery of Technet send e-mail to [log in to unmask]: SET Technet NOMAIL or (MAIL) To receive ONE mailing per day of all the posts: send e-mail to [log in to unmask]: SET Technet Digest Search the archives of previous posts at: http://listserv.ipc.org/archives Please visit IPC web site http://www.ipc.org/contentpage.asp?Pageid=4.3.16 for additional information, or contact Keach Sasamori at [log in to unmask] or 847-615-7100 ext.2815 -----------------------------------------------------