Delete comment from: Captain Capitalism
Cappie you are not the only one who has told people constantly that owning property is a liability and not an investment. Investments make you money,liability takes your money and if you are paying taxes on your property then it is a liability and not an investment. So basically in the end you are just renting and not owning. which is why i think property prices keep dropping. its just too much of headache and to shell out so much money out front makes it nearly impossible for anyone to own a home or should i say "RENT" a home.
Jul 23, 2012, 9:18:01 PM