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Old 01-27-2012, 04:07 PM
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Elias Elias is offline
Officially Welcomed to the 'Fest
Location: Northern Va
 
Join Date: Jun 2005
Posts: 2,526
Mein Auto: 2012 650 Coupe, 323i
Quote:
Originally Posted by palermo22 View Post
Like any financial chart - snapshots give misleading information. While it's true that home prices have been on the decline for the past five years - if you spread that picture out to the past ten or twenty years - then the negative 29% pales in comparison to the gains that were made. A mortgage - as long as you are not over your head - is a worthwhile liability because it's attached to an asset that will continue to appreciate (most likely with inflation) over the long term (just as the stock market will - again, long term).
+1 There are merits to both sides of buying or Leasing, I say do what works for you and your
financial situation and enjoy driving your BMW, life is too short.
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2012, 650i Coupe, Carbon Black, Black Nappa leather, M Sport , CWP,DAP, IAS, 20" Wheels,
BMWCCA Member since 07/2008
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