With an inflation rate of 10%, and a mortgage interest rate of 15%, one needs to make at least 25% return from a house every year for the period of the mortgage to at least break even ~ Macharia

  Fallacies and Exaggerated Benefits Of A Mortgage

This morning, the post below crossed my Twitter timeline… It spurred a discussion that seems to come up on my Twitter timeline every so often: home ownership and its advantages (and disadvantages). I have blogged extensively on the benefits of buying a house and mortgages, so for this post I would like to point out fallacies/untruths/exaggerations […]