Dr. Jonathan Smithers, MD Phd. wrote:
If it isn't mauve what color is it?

What color is what?

P.Fritz wrote:
"John H" wrote in message
...
On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot
about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure
asset
they own or will ever own is the building they live in. They laugh
and
scratch with glee as "sold" signs pop up throughout their
neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach
7-figures.

One small problem: If the only thing of any real value you own is
your
house- you don't really own anything. You have to sell your house
to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and
clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You
will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case,
your
heirs might sneak into the nursing home and pull the plug before
you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)




No one has made fun of mobile home dwellers or mobile home living.


What other investment can be made (as an individual) for as little as
0%
down, that is historically an appreciating asset, where the cost of
financing (as well as taxes on it) are deductible?

Chuck is sounding jealous, like a typical liebral.

There are many, many investments that have an equal or greater return.
Most investments offset the tax deductions offered by simply having a
better return. You've probably been watching too many of those Saturday
morning infomercials.







John H

"All decisions are the result of binary thinking."

wrote in message
oups.com...
All this mobile home stuff is extremely amusing. It says a lot about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure asset
they own or will ever own is the building they live in. They laugh and
scratch with glee as "sold" signs pop up throughout their neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach 7-figures.

OK, I'll take the bait...since you were obviously referring to me.

There is one home (out of 31 for sale in my neighborhood) under 7 figures.
It's 1500 sq ft., was built in 1960, and is priced at $959k.


One small problem: If the only thing of any real value you own is your
house- you don't really own anything. You have to sell your house to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again.

Not true. You could rent. You could buy a boat and live on it. You could
move to an area that is the next "hot real estate market"...and use the
bank's money to buy a new home, while investing your capital gains (less
taxes) from the first house into something else.


Yipping and clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away.

You could reverse mortgage your house too. That is, if you really needed
the money.

"Jim," wrote in message
...
wrote:

wrote:

All this mobile home stuff is extremely amusing. It says a lot about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure

asset

they own or will ever own is the building they live in. They laugh

and

scratch with glee as "sold" signs pop up throughout their

neighborhoods

and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach 7-figures.

One small problem: If the only thing of any real value you own is

your

house- you don't really own anything. You have to sell your house to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case, your
heirs might sneak into the nursing home and pull the plug before you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)


Oh, I know a few people who are quite content to not invest all of
their equity into a home. One for instance, lives on Lake Lanier in an
old house boat he bought for $20k.
But, you must understand the likes of JimH, Fritz, Smithers, and now
NOYB has stooped to their low level. Apparently they have such low self
esteem, that they must constantly perpetuate lies about other people,
in order to feel like they are worth something to society.


Might be time to point out that my cousin paid $300,000 for a triple wide
(on his own land) in CA about a year ago. They don't call them trailers
there, but when they come in sections on a truck......

I saw on the Travel Channel where some mobile homes in California
overlooking the Pacific were selling for $800k to a couple of million. But
we're talking about Snellville, GA...not California.

"P.Fritz" wrote in message
...

"John H" wrote in message
...
On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure asset
they own or will ever own is the building they live in. They laugh and
scratch with glee as "sold" signs pop up throughout their neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach 7-figures.

One small problem: If the only thing of any real value you own is your
house- you don't really own anything. You have to sell your house to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case, your
heirs might sneak into the nursing home and pull the plug before you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)




No one has made fun of mobile home dwellers or mobile home living.


What other investment can be made (as an individual) for as little as 0%
down, that is historically an appreciating asset, where the cost of
financing (as well as taxes on it) are deductible?

Chuck is sounding jealous, like a typical liebral.

Chuck is the first person that I've heard say that a home in a rapidly
appreciating real estate market is *not* a good investment.

"NOYB" wrote in message
link.net...

"P.Fritz" wrote in message
...

"John H" wrote in message
...
On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure asset
they own or will ever own is the building they live in. They laugh and
scratch with glee as "sold" signs pop up throughout their neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach 7-figures.

One small problem: If the only thing of any real value you own is your
house- you don't really own anything. You have to sell your house to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case, your
heirs might sneak into the nursing home and pull the plug before you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)




No one has made fun of mobile home dwellers or mobile home living.


What other investment can be made (as an individual) for as little as 0%
down, that is historically an appreciating asset, where the cost of
financing (as well as taxes on it) are deductible?

Chuck is sounding jealous, like a typical liebral.

Chuck is the first person that I've heard say that a home in a rapidly
appreciating real estate market is *not* a good investment.

I also forgot to mention the ability to claim a large chunk of your capital
gain tax free upon sale.

wrote in message
ups.com...


There are many, many investments that have an equal or greater return.

Housing prices have averaged an increase of 17-26% in Naples over the last 6
years. Name a single investment that offered equal or greater return, with
the same level of risk, *and* a tax deduction.

"NOYB" wrote in message
news

wrote in message
ups.com...


There are many, many investments that have an equal or greater return.

Housing prices have averaged an increase of 17-26% in Naples over the last
6 years. Name a single investment that offered equal or greater return,
with the same level of risk, *and* a tax deduction.

Don't forget the fact that you can use your investment at the same time.

Asslicker obviously cannot grasp the taxes advantages since he dwells in the
cellar of tax rates, those of us in the 39% bracket know the advantage of a
large mortgage deduction.

What color is your trailer?


wrote in message
ups.com...

Dr. Jonathan Smithers, MD Phd. wrote:
If it isn't mauve what color is it?

What color is what?

At least in Snellville, GA. The homes there do not sell for the high 6, low
7 figures (at least before the decimal point).

wrote in message
ups.com...

P.Fritz wrote:
"John H" wrote in message
...
On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot
about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure
asset
they own or will ever own is the building they live in. They laugh
and
scratch with glee as "sold" signs pop up throughout their
neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach
7-figures.

One small problem: If the only thing of any real value you own is
your
house- you don't really own anything. You have to sell your house
to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and
clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You
will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case,
your
heirs might sneak into the nursing home and pull the plug before
you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)




No one has made fun of mobile home dwellers or mobile home living.


What other investment can be made (as an individual) for as little as
0%
down, that is historically an appreciating asset, where the cost of
financing (as well as taxes on it) are deductible?

Chuck is sounding jealous, like a typical liebral.

There are many, many investments that have an equal or greater return.
Most investments offset the tax deductions offered by simply having a
better return. You've probably been watching too many of those Saturday
morning infomercials.







John H

"All decisions are the result of binary thinking."