Quote:
Originally Posted by zx10guy
Something else I wanted to add that's more to the topic of this thread. It's interesting how a certain mindset provides arguments against buying real estate. Yet, won't apply the same logic when buying a car. It's actually worse when you look at owning a car. It's pretty much a given you will lose money when you buy any car. It's at what rate which varies between cars. And owning cars will always require maintenance at some point during the year. Many times multiple maintenance events.
At least with a home, you're not guaranteed to immediately lose money on it and you actually stand a chance to gain money.
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My guess is that these folks also favor leasing ("renting") a car.