Home price declines deepen in major US markets

This one gets 7 thumbups and no thumbdowns.

http://finance.yahoo.com/news/Home-price-declines-deepen-in-apf-2179818115.html?x=0&sec=topStories&pos=main&asset=&ccode=

Why are people saying "Home Ownership?" If you have payments for 30 years, do you REALLY own it? Until its paid in full and you have the title in your hands, your just renting it from the bank with a promise to get to keep it if you make your payments for 30 years. I wonder what percentage of Americans have their homes free and clear today? I would guess its really low.

7

0

所有跟帖: 

housing is a good investment under certain condition -DStudent- 给 DStudent 发送悄悄话 (0 bytes) () 03/29/2011 postreply 18:01:31

about 1/3 homes are owned free and clear actually -jumprightin- 给 jumprightin 发送悄悄话 (187 bytes) () 03/29/2011 postreply 18:19:51

Housing market is coming back in new York suburb this year. -729418- 给 729418 发送悄悄话 729418 的博客首页 (0 bytes) () 03/29/2011 postreply 18:55:32

请您先登陆,再发跟帖!