Wednesday, March 21, 2012

Cost of homeownership - 1

Principle + Interest + HOA + Property Taxes + Insurance + Maintenance + Extras cost of Utilities + Extra cost of Commuting to work + Lost Opportunities for Mobility + Extra purchases just to fill it up with junk


Only the principle builds equity. The rest is all cost.

Homeowners

Why do they address them as "Homeowners", when, for all practical purposes, they are mortgagors?

Marketing.