Is a home an asset or liability?

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Is a home an asset or liability?

View Poll Results: Is a home an asset or liability?
Asset	17	56.67%
Liability	7	23.33%
I live in tater's whore of an ex-wife's chlamydia infested vag.	6	20.00%
Voters: 30. You may not vote on this poll

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12-17-2009, 08:57 AM

#11

RACER X

AMA Supersport

Join Date: Nov 2008

Location: Richmond, Tx

Moto: '10 Tuono Factory

Posts: 4,569

Quote:

Originally Posted by fasternyou929

That's the payment on a 100k loan at 5%. That may not be ALL you have to pay to live in a house, but I can assure you taxes and insurance aren't going to more than double the payment to $1200.

.

our taxes and ins. are almost as much as our mortgage payment.

~3.3% tax and ~$1800 for ins., not incl. windstorm

i think tiggers about to blow 2 yrs of house saving money on that BMW lol

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Last edited by RACER X; 12-17-2009 at 08:59 AM..

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