Buying a House Without a Loan, Is a Bad Move?

Misway: Buying a house that you cant afford is a stupid move, because all your doing is staying in it and paying interest on it. The only person making money henyou go to sell it is going to be the bank and the real estate agent. "You're sitting there acting like you got this condo and it's eight 70 dollars a month," Misway says of his rent-to-mortgage situation. 'It isn't' He goes on to explain why buying an Isa would make more sense than renting for ten years.