Timeline for Why is it good to borrow money to buy a house?
Current License: CC BY-SA 3.0
15 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Oct 5, 2019 at 20:25 | comment | added | RonJohn | @CodesInChaos but you do have to pay property tax and maintain it. | |
| Oct 5, 2019 at 20:12 | answer | added | Anthony X | timeline score: 1 | |
| Aug 4, 2016 at 8:32 | answer | added | Chris Degnen | timeline score: 2 | |
| Aug 3, 2016 at 22:19 | history | protected | Chris W. Rea | ||
| Sep 15, 2015 at 17:23 | vote | accept | oceanus | ||
| Sep 14, 2015 at 13:47 | answer | added | user32479 | timeline score: 2 | |
| Sep 14, 2015 at 6:39 | history | edited | Dheer |
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| Sep 13, 2015 at 17:02 | comment | added | keshlam | People borrow to buy houses because they either don't want to wait until they have saved the full value of a house, or because they have that but not enough more to reasonably safely live on after buying a house for cash ("house rich, cash poor" is a rather illiquid position to be in), or because they believe they can get enough gains from their investments to more than cover the cost of the loan, or some combination of these. | |
| Sep 13, 2015 at 16:10 | comment | added | CQM | leverage. thats why | |
| Sep 13, 2015 at 12:23 | comment | added | Ben Miller | This question is a companion question to this one: Is a car loan bad debt? | |
| Sep 13, 2015 at 11:56 | answer | added | Alice | timeline score: 14 | |
| Sep 13, 2015 at 10:47 | comment | added | CodesInChaos | Once you have bought a house, you don't have to pay rent anymore. For most other goods the alternative to buying is abstinence, not renting them. | |
| Sep 13, 2015 at 6:09 | history | tweeted | twitter.com/#!/StackFinance/status/642943200420843520 | ||
| Sep 13, 2015 at 0:54 | answer | added | JohnFx♦ | timeline score: 12 | |
| Sep 13, 2015 at 0:40 | history | asked | oceanus | CC BY-SA 3.0 |