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In article <[EMAIL PROTECTED]>, Baxter <[EMAIL PROTECTED]> wrote: > >"RJ" <[EMAIL PROTECTED]> wrote in message >news:[EMAIL PROTECTED] >> >> For my last move, buying a house within bicycling distance from where I >> work would have cost $200,000 to 300,000 MORE than I paid for the house >> I bought. > >And that car cost about $6,000/per year - over the life of a mortgage, you'd >about break even -- except that the property would probably appreciate at a >greater rate. $6000 * 30 years = $180,000. You wouldn't even break even on the principal, let alone the additional interest payment and additional property taxes. -- Matthew T. Russotto [EMAIL PROTECTED] "Extremism in defense of liberty is no vice, and moderation in pursuit of justice is no virtue." But extreme restriction of liberty in pursuit of a modicum of security is a very expensive vice.
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