DConf 2013 Day 3 Talk 1: Metaprogramming in the Real World by Don Clugston

[Walter Bright]

On 6/11/2013 2:55 PM, Adam D. Ruppe wrote:
> ...and if you sell it, unless you own multiple houses, you're now homeless. And
> housing prices are up, so getting a new house will erase the gains you got from
> selling the old house!

Yeah, I love that one.

> But I do feel the house is worth it financially because it erases an ongoing
> cost down the road. The sum of my taxes and homeowner's insurance are about 1/3
> what I was paying in rent,

Don't forget mortgage interest.

> so after the house is paid off, it is like erasing
> eight rent payments a year. It'll still take time for that to exceed the
> mortgage cost, but it eventually will, and when that happens, the house could
> have a $0 market value and that wouldn't matter to me because it still does what
> I need it to do.