tag:blogger.com,1999:blog-3758330678390419129.post4852221703192202316..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Why It Makes Sense Not to Pay Off Your Mortgage---Even If You are about to RetireRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3758330678390419129.post-74735687841773052392011-10-01T23:32:04.048-04:002011-10-01T23:32:04.048-04:00Richard Dale--
To be sure, it's a risk, thoug...Richard Dale--<br /><br />To be sure, it's a risk, though we could probably handle a doubling or even tripling of property taxes (they're only about 1.3% with Prop 13, the 0.3% being extras added on by the voters).<br /><br />But that would take property taxes into the range that led to the Prop 13 Tax Revolt in the first place, and kill the real estate market since many owners would try Scott Ohttps://www.blogger.com/profile/00270655527655803743noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-37142068757695679432011-09-30T23:13:21.855-04:002011-09-30T23:13:21.855-04:00Scarlett and Scott-
Too bad the parasites could e...Scarlett and Scott-<br /><br />Too bad the parasites could end up with your house anyway if they decide to raise the property taxes so high that you cannot afford them. As they become more strapped for cash during the Greater Depression we are presently in, they will use any power they can to extract their pound of flesh.Richard Dale Fitzgeraldhttps://www.blogger.com/profile/05223505358122633852noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-25286251197851116522011-09-30T22:29:42.794-04:002011-09-30T22:29:42.794-04:00My wife and I (ages 59 and 62) sold our mortgaged ...My wife and I (ages 59 and 62) sold our mortgaged house in March and are completing construction of a smaller one for very close to what we netted from the sale, leaving us with no mortgage. Our retirement savings are nowhere near enough yet, so we will continue to work and save (and buy more silver and gold).<br /><br />I like having no mortgage because if times get really tough, all we have to Scott Ohttps://www.blogger.com/profile/00270655527655803743noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26362692939093492542011-09-28T15:47:45.381-04:002011-09-28T15:47:45.381-04:00"...a man's home is his castle...". ..."...a man's home is his castle...". We own ours outright, no bankster rated mortgage for us. Prudence, saving, investing(metals)has been our staple. This castle is ours and save for the grim reaper, we will let no one will take what we have.Scarlettnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-2450259913532930782011-09-28T12:52:25.851-04:002011-09-28T12:52:25.851-04:00I've been thinking about the inflation/mortgag...I've been thinking about the inflation/mortgage relationship a lot recently. My fear is, given that the government dances to the bankster's music, what would stop legislators from passing a law that allows mortgages to retroactively readjust for inflation? They've done similar things in the past.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-81190457609316694402011-09-28T12:27:28.372-04:002011-09-28T12:27:28.372-04:00My girlfriend laughs at my Nickels collection. Sh...My girlfriend laughs at my Nickels collection. She jokes about it with friends at work, even nicknaming me 'Nickels'. I don't mind... It is a sound investment.Markie Oleshttps://www.blogger.com/profile/02614512515024777979noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-30136705125428322222011-09-28T10:20:42.382-04:002011-09-28T10:20:42.382-04:00So gold wouldn't play a role in that $100,000 ...So gold wouldn't play a role in that $100,000 investment?Anonymousnoreply@blogger.com