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

First, I don't live in Snellville, GA. Secondly, the cost of living
here IS much lower than a lot of places. That's a good thing.


So how much does your daily purchase of a 12 pack of Bud and a can of Skoal
cost you in Snellville compared to downtown Atlanta?

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NOYB wrote:
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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.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit. It is not, and if you think it is, you are dumber than I
thought. You'd be better off perpetuating lies about other people, with
your buddies JimH, Fritz, and Smithers.


The equity shows up as a net asset on my Personal Financial Statement. I
can borrow against it. If I sell the house, it goes in my pocket. To put
it simply: it's profit.

"JimH" wrote in message
...

wrote in message
oups.com...

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

First, I don't live in Snellville, GA. Secondly, the cost of living
here IS much lower than a lot of places. That's a good thing.


So how much does your daily purchase of a 12 pack of Bud and a can of
Skoal cost you in Snellville compared to downtown Atlanta?

Doesn't the Skoal get under your denture and cause sores, bassie?

"JimH" wrote in message
...

wrote in message
oups.com...

NOYB wrote:
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.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit.

OMG. I have seen everything now my Lord...you can take me anytime.

He isn't the "King of the NG idiots" for nothing.........


Next he will try to argue that a "return" is not profit..........not
surprising for someone that thinks schnapps is whiskey.....or that you 'cow
down' to someone

"NOYB" wrote in message
nk.net...

wrote in message
oups.com...

NOYB wrote:
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.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit. It is not, and if you think it is, you are dumber than I
thought. You'd be better off perpetuating lies about other people, with
your buddies JimH, Fritz, and Smithers.


The equity shows up as a net asset on my Personal Financial Statement. I
can borrow against it. If I sell the house, it goes in my pocket. To put
it simply: it's profit.

Once again asslicker shows why he is the "King of the NG idiots"

Bassie doesn't use dentures, he just gums the skoal.


"NOYB" wrote in message
ink.net...

"JimH" wrote in message
...

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

First, I don't live in Snellville, GA. Secondly, the cost of living
here IS much lower than a lot of places. That's a good thing.


So how much does your daily purchase of a 12 pack of Bud and a can of
Skoal cost you in Snellville compared to downtown Atlanta?

Doesn't the Skoal get under your denture and cause sores, bassie?

P. Fritz wrote:

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.
************************

Your primary residence is *not* an investment. Many commercial level
financial statements won't even allow you to list the equity in a
primary residence. It isn't an investment because you cannot choose to
do something else with the money without giving up your essential
shelter.

Your additional properties *are* investments, and often rather good
ones. But your domicile is not an investment, no matter how much the
folks who have never saved a dime or created a passive income stream
wish that it were so.

NOYB wrote:

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.

****************************

You've almost got it, Doc. The price of housing, expressed in dollars,
has increased 17-26% for the last 6 years. The owner of a single family
home in Nipples is no better off, however, unless he also owns
additional property that he doesn't need to *consume* in its entirety
every month.
If you bought a 3000 sq ft house for $350,000 ten years ago and it's
now "worth" $900,000, you aren't actually any further ahead. If you
sold your house for $900,000, you likely couldn't replace it with an
equally large, equally nice house in a comparable neighborhood for
anything less.

If the house is "worth" $9 million, but you have to pay the same $9
million back out again to replace it, all you have in the end is
whatever you had before (in addition to your primary residence) and a
primary residence with a ridiculous valuation attached. That and a
bigger property tax bill......the local assessors love those inflated
real estate values.

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P. Fritz wrote:

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.
************************

Your primary residence is *not* an investment.

Sure it is. Real estate is a common investment, including your primary
residence.

Many commercial level
financial statements won't even allow you to list the equity in a
primary residence.

Commercial level...perhaps as I never applied for a commercial loan. That
is not to say, however that you are right.

On the residential level....bull****...they always will. Real estate is
always considered part of your net worth.


It isn't an investment because you cannot choose to
do something else with the money without giving up your essential
shelter.

Sure you can. You can take the profits and move to a lesser priced
dwelling. If the equity in the property you are selling is great enough
then you can pay for the new property with cash. Nothing better than that,
eh Chuck?



Your additional properties *are* investments, and often rather good
ones. But your domicile is not an investment, no matter how much the
folks who have never saved a dime or created a passive income stream
wish that it were so.

BS. You obviously have no knowledge of real estate and investments.

Well, in Snellville, it is probably a better investment than property.
Bill

"NOYB" wrote in message
news

"P.Fritz" wrote in message
...

"Calif Bill" wrote in message
ink.net...

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


Asslicker once again fails econ 101, but when you are barely paying any
income tax, like our resident "King", and buy a depreciating asset like
a
mobile home, a bank CD looks like a better return.

So do UV lamps, cannabis seedlings, and large pots to grow 'em in...which
would explain why he has spent time on the marijuana newsgroup.