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In United States
Registered Apr 03, 2012
wave9x's most recent comments:
- On 3 Mar 2014
Huge Homes Drive Away Would-Be Buyers,
Mammoth McMansions are the Hummers of real estate, soon to be an anachronism - inefficient, tacky, poorly constructed. They are also usually shoehorned onto the smallest plot of land possible to maximize builder profits.
- On 2 Mar 2014
Realtors Directly Corrupting US Law in DC, Again,
Getting rid of the mortgage interest tax deduction is the typical Republican strategy of getting the middle class to pay more tax so the rich can get a free ride. Rich folks don't need mortgages so they won't be touched by this.
How about treating capital gains as income for reform? That would put more tax burden where it should go, on the rich. I'd love to see the Republicans push for that, but it will be a cold day in Hell before they bite the hand that feeds them.
- On 26 Feb 2014
Buying a home beats renting in 100 major metros,
According to my calculations, it makes sense to buy for $269k vs rent for $1395/mo. Not sure what values you are plugging in for the variables.