Terry, Last year my son, who is 27, and I considered the buy versus rent question. While I have seen some pretty impressive number crunching that shows how some people can come out ahead renting, it appeared to us that the benefits of owning a house outweigh the liabilities. You reached the same conclusion. Congratulations on buying your first house! On a slightly different subject, I support paying a house off just as fast as one's financial situation permits. While it is true that mortgage interest provides a nice deduction come tax time, let's never forget that the tax reduction never comes close to reimbursing the cost of interest in the first place. Regards, Clyde Hollinger pianolover 88 wrote: > I just bought my very FIRST House, and it's all thanks to my new career as a > piano tech! I feel so lucky to be doing what I love and make a good living > at it! So, goodbye apartment, HELLO American Dream!
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