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In article <ddudnfxoXvqG1OXYRVnysQ@xxxxxxxxx>,
"T Wake" <usenet.es7at@xxxxxxxxxxxxx> wrote:
>
>"Lloyd Parker" <lparker@xxxxxxxxx> wrote in message
>news:el991p$qc5$1@xxxxxxxxxxxxxxxxxxxx
>> In article <el6i3f$8qk_002@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>,
>> jmfbahciv@xxxxxxx wrote:
>
><snip for brevity>
>
>>>So? That's how you do this buying your house biz if you
>>>are going to take out a loan. You can also take out a
>>>loan that includes the down payment. Is it now a sin
>>>to save for the down payment?
>>>
>>>/BAH
>>
>> No, but it means young people have to put off buying a house while they
>> do.
>
>Which maintains the circle. While the young people are trying to save, they
>have to pay rent. While they try to save house prices go up, rent goes and
>their savings become a lower percentage of the deposit.
If you don't want to pay rent, then don't rent. One of my
brothers started out with a trailer.
<snip>
/BAH
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