Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, there are two way to get a "home" ; renting and buying. Depending on the relative valuation of those two markets, one can be more interesting than the other.

Also, when putting oneself into deep debt to procure a home, there certainly is a risk when home loses value. Because certain circumstances in life might requires selling the home and getting out of debt ; and with high transaction costs, and high interest rates, a mortgage can mean ruin, especially if selling becomes hard.

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Mon Mar 26th, 2007 at 06:32:37 AM EST
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