The numbers say it all- $2600/mo for interest only, or rent the same for $1200?
http://www.nytimes.com/2008/02/29/us/29 ... ref=slogin
"The value of homeownership, then, has increasingly shifted to the home's likelihood to rise in value, like any other investment. And when investments go bad, people tend to walk away".
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Walking Away In The Bay Area
Moderators: synthetik, The Tim, Lake Hills Renter
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Walking Away In The Bay Area
by Scotsman » Sat Mar 01, 2008 12:59 pm
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Re: Walking Away In The Bay Area
by rose-colored-coolaid » Mon Mar 03, 2008 9:00 am
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