7:38 AM on Jul. 15, 2008
I have been thinking lately, trying not to hurt myself, about the current situation with the housing market. It seems as though your house doesn’t appreciate in value they way it used to. Its always been the idea that you get a house and you make money building equity. Well I have another thought, instead of paying $1000 a month home a mortgage, why not rent and apartment for $500 a month, and invest the other %500 in a high yield savings account. It seems safer to invest money in a bank than a house. You won’t get to live in a house, but your heating and cooling costs should be much less. Renting seems a little but safer, and you would have money each month if there was ever a financial problem. You could put your things into a cheap self storage unit and save/make money every month! Any thoughts?
self-storage complaint : http://www.selfstoragecomplaint.org