Economic Crash with Jack Spirko and John Willis - Ep 767
Living Free in Tennessee - Nicole Sauce
00:00
The Cost of Buying a House
I bought this house 10 years ago and I got an interest rate of like 2.9%. Now things have changed. My mortgage is almost completely paid off right now. But what would have happened if I would have spent 10 years saving and paying cash? What would have been different then? You would have paid so much more for the house. You probably would have ended up behind. A house if you take care of it and you buy smart, it goes up in value over time. Debt on depreciating assets bad unless it's a short-term hold. There's way less inventory too. The car room was empty and the showroom was full of people buying the vehicle six to
Transcript
Play full episode
