Comments on: Home Ownership: A Marketing Scam? http://livingoffdividends.com/2009/03/30/home-ownership-a-marketing-scam/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 16 Mar 2010 21:22:11 -0700 http://wordpress.org/?v=2.8.1 hourly 1 By: Amy http://livingoffdividends.com/2009/03/30/home-ownership-a-marketing-scam/comment-page-1/#comment-55859 Amy Mon, 06 Jul 2009 20:07:31 +0000 http://livingoffdividends.com/?p=1032#comment-55859 Katrina, I agree one hundred percent with your post. My husband and I bought a home two years ago and we are glad we did it for the experience. We now know that home ownership is not for us. We don't like being tied to one place, we don't like the incredible cost of upkeep and more than anything we don't like the monthly mortgage payment slips showing us just how little of our money goes to principle. It's a friendly little reminder every month of how we got scammed by the U.S. myth of home ownership. We hope to sell our house soon and go back to renting. Katrina,
I agree one hundred percent with your post. My husband and I bought a home two years ago and we are glad we did it for the experience. We now know that home ownership is not for us. We don’t like being tied to one place, we don’t like the incredible cost of upkeep and more than anything we don’t like the monthly mortgage payment slips showing us just how little of our money goes to principle. It’s a friendly little reminder every month of how we got scammed by the U.S. myth of home ownership. We hope to sell our house soon and go back to renting.

]]> By: Katrina http://livingoffdividends.com/2009/03/30/home-ownership-a-marketing-scam/comment-page-1/#comment-52503 Katrina Fri, 19 Jun 2009 09:20:11 +0000 http://livingoffdividends.com/?p=1032#comment-52503 I think you're a genius and an independent thinker. It's unfortunate that people can't handle their mirages being shattered by the truth. Marketers are fooling people into thinking that buying is good for you. The same thing is happening to people trying to lose weight. They're confused about what's healthy, what works, and what's good for them. They ignore common sense and hand over their money based on lies that are perpetuated by marketers and people trying to sell them something. It's really very sad. Here's the bottom line: To have what most people don't have (a slim waistline, financial security) you have to do what most people are not willing to do (rent, exercise and eat right, start passive income streams). I enjoy living in the minority. Pick up a book on Thoreau. I think you’re a genius and an independent thinker. It’s unfortunate that people can’t handle their mirages being shattered by the truth. Marketers are fooling people into thinking that buying is good for you.

The same thing is happening to people trying to lose weight. They’re confused about what’s healthy, what works, and what’s good for them. They ignore common sense and hand over their money based on lies that are perpetuated by marketers and people trying to sell them something.

It’s really very sad. Here’s the bottom line: To have what most people don’t have (a slim waistline, financial security) you have to do what most people are not willing to do (rent, exercise and eat right, start passive income streams).

I enjoy living in the minority. Pick up a book on Thoreau.

]]> By: Betty Kincaid http://livingoffdividends.com/2009/03/30/home-ownership-a-marketing-scam/comment-page-1/#comment-51504 Betty Kincaid Sat, 13 Jun 2009 19:17:37 +0000 http://livingoffdividends.com/?p=1032#comment-51504 I'm a little late to this party but if anyone is still interested, I have a blog entry showing actual numbers on renting vs. owning. http://ctrlyourcash.wordpress.com/2009/05/24/renting-vs-owning-part-1/ Betty I’m a little late to this party but if anyone is still interested, I have a blog entry showing actual numbers on renting vs. owning.
http://ctrlyourcash.wordpress.com/2009/05/24/renting-vs-owning-part-1/

Betty

]]> By: Debbie M http://livingoffdividends.com/2009/03/30/home-ownership-a-marketing-scam/comment-page-1/#comment-44114 Debbie M Tue, 28 Apr 2009 03:43:29 +0000 http://livingoffdividends.com/?p=1032#comment-44114 Thanks. It makes sense that apartments would be cheaper to buy per unit than houses. Thanks. It makes sense that apartments would be cheaper to buy per unit than houses.

]]> By: Living Off Dividends http://livingoffdividends.com/2009/03/30/home-ownership-a-marketing-scam/comment-page-1/#comment-42378 Living Off Dividends Tue, 14 Apr 2009 02:58:13 +0000 http://livingoffdividends.com/?p=1032#comment-42378 Debbie, A lot of landlords do not break-even on the rent. The trick is to own large apartment buildings, then you'll see some cashflow. Also, if you wait 30 years and there is inflation, then you'll come out way ahead. Debbie,

A lot of landlords do not break-even on the rent. The trick is to own large apartment buildings, then you’ll see some cashflow.

Also, if you wait 30 years and there is inflation, then you’ll come out way ahead.

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