American housing expenses are difficult to comprehend. We buy McMansions with 30 year mortgages and spend an astonishing percentage of our income on housing. In 1950 the average American home was 983 sq. feet with 290 square feet per person. In 2010 the average American home was 2,392 square feet …
There is a ton of ink written on this subject. Paying the house off early is one of the more divisive topics in financial planning. Before I go into why I am choosing to pay off my house early, I will explain the argument for taking out a 30 year …
Retirebyforty posted an article on financial setbacks, which got my gears turning on a major financial blunder I had about 5 years ago. I had several co-workers who were older than me who invested in real estate. They made it sound like it was easy money, and I wanted to …
The home mortgage interest deduction is seen as a sacred cow in our tax code. Proponents insist that to get rid of it would substantially reduce home purchases and put downward pressure on prices. Who are the major proponents of this $70 billion a year tax expenditure? Realtors, Builders, and …