“taxes would probably be a better alternative than increasing rents over the years – example…. A super expensive property tax payment for a SUPER nice house in Bend would be about 3000-3500 or 3500/12 = approx 300/month while you can rent a simple but nice apartment is 650/month or 650*12 = Approx 7500″

Which I totally get, and the math makes sense. But again, you still owe the “Man” his share. And if he is not paid, well the property is his.

Again, my goal was to try and help people disentangle themselves from the fantasy of home ownership. Especially all the people who NEED the $8k tax credit to get into a home. Those people are not even aware that they are being played in the long run. Never the less, they should be trying to understand the reason behind the madness. Which would hopefully tell them that sitting on the side lines and saving would be the only true way to grow your wealth. That is my opinion at least.

I would hope that the focus be less about “The Wonderful World of Home Ownership”, and more about how to maximize your cash flow to live a life worthy of remembering.

(Not that you have to have a lot of cash to be remembered, but that you make the most with what you do have)

-later
jared

Good work – Many people are now questioning the status quo for homeownership – Buy big and pay it off later. It is important to continue conveying the truth that real ownership comes when you are no longer making a “rent” payment to the bank.

Matt