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Originally Posted by P. Ham
Very interesting read! Thanks for the link.
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You should check the date on that link again. It’s from 2007 before all the world’s economies came crashing down and everyone’s investments and 401K tanked and thousands upon thousands lost their jobs. I wonder how the author feels about his investments now and if he wishes he at least owned some equity in his own home.
If you lose your job and can’t pay your mortgage or rent you can be evicted much quicker from an apartment than from a home you have bought because it takes much longer to foreclose on a home loan.