Saturday, February 16, 2008

Quote of the Day

by Tanta on 2/16/2008 04:00:00 PM

Via Housing Doom, one Blanche Evans, editor of Realty Times:

Despite what Wall Street wants you to believe, owning a home isn’t the same kind of investment as stocks or bonds. What you get is a USE asset that depreciates over time while it grows in market value. All you have to do is keep the home in good repair to maximize your investment.