Monthly Archives: October 2009

Rent or Own – The Real Cost of Home Ownership

Should You Rent or Own a Home?

I understand the attraction of buying a home. It provides security, stability, and for many, the largest asset that the family owns. Most families must take out a home loan, but the interest can be deducted from state and federal income taxes. So, even without the current stimulus plan, homeowners can take advantage of government help to pay off a loan. But beyond these advantages, is home ownership always a good idea?

Posted in Mortgages | Tagged , , | Leave a comment

Who Did the Bailout Help ?

So Who Won with the US Government Bailout?

Of course, this has been written about before, both by me and pleny of other writers who are a lot more famous (or should be). But the Obama US government bailout got discussed a lot in the very early days. Not enough time had passed to make any of the objective, backward looking comments that are always easier (and more accurate) than predictions.

Posted in US Financials | Tagged , , , , , , | Leave a comment