Has your value of real estate or others rise?

gunbugs · 03-08-2022, 09:45 PM

Most folks don't pay cash in full for their real estate. If you take out a 30 year note like the rest of the USA, you will essentially double the cost of your house. NOT a bargain. Best if you save your pennies and pay as much up front as possible, or at least pay an extra 100 or 200 a month on the mortgage, it results in HUGE savings, and pays off the note in half the time.
Our property tax assessments this year just came in at about 10% higher than last year.
Remember also, in all things, the dollar is rapidly devaluing. That is why it takes so many to buy anything.
People always say, "prices are sure going up"....NOT TRUE. The dollar is going down. That is why it "costs more". And in a big way. Soon our little children will be down on the beach making bracelets out of 100 dollar bills, like they do in Venezuela. Because our money will be worthless, like Germany in the 20's. Or Zimbabwe, right now.(Out of my paper money collection).http://forum.lugerforum.com/attachme...1&d=1646807043

03-08-2022, 09:45 PM	#5
gunbugs Lifetime Forum Patron Join Date: Sep 2013 Location: Fairbanks, Alaska. Home of the best moose. Posts: 672 Thanks: 371 Thanked 1,202 Times in 407 Posts	Most folks don't pay cash in full for their real estate. If you take out a 30 year note like the rest of the USA, you will essentially double the cost of your house. NOT a bargain. Best if you save your pennies and pay as much up front as possible, or at least pay an extra 100 or 200 a month on the mortgage, it results in HUGE savings, and pays off the note in half the time. Our property tax assessments this year just came in at about 10% higher than last year. Remember also, in all things, the dollar is rapidly devaluing. That is why it takes so many to buy anything. People always say, "prices are sure going up"....NOT TRUE. The dollar is going down. That is why it "costs more". And in a big way. Soon our little children will be down on the beach making bracelets out of 100 dollar bills, like they do in Venezuela. Because our money will be worthless, like Germany in the 20's. Or Zimbabwe, right now.(Out of my paper money collection).http://forum.lugerforum.com/attachme...1&d=1646807043 Attached Thumbnails