By The Tim on March 1, 2010
I’m working on a post that explores the concept of the homebuying “equity ladder” (or “property ladder“), in which the lifetime buying plan of the typical American homebuyer is assumed to look like:
photo by Flickr user Atle Brunvoll
Buy a cheap starter home in your 20s. Maybe a little 2-bed house or a condo conversion.
4-5 [...]
Posted in Features | Tagged equity, equity ladder, feedback, home equity, open_question
By The Tim on August 31, 2009
Please consider the following excerpt from a post I wrote that was originally published on the personal finance blog Get Rich Slowly (and later here):
…if home buying is like a savings plan, it’s probably the worst savings plan on Earth. Would you voluntarily sign up for a savings plan where well over half of the [...]
Posted in Features | Tagged bought at the peak, buy-vs-rent, equity, fundamentals, mythbusting, rent, saving, Stock Market
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