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![]() 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. |
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