Quote:
Originally Posted by halloweentown
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look...all im saying is its all an illusion...when youre driving your car, its not yours, its the banks. when you're swiping lavishly well outside of your means its debt you're accruing with your credit card company. you spend like its your money you earned...its not...dont care about "equity" im simply stating that if you fail to PAY IN FULL UPFRONT for your home from your OWN BANK ACCOUNT, you are NOT a homeowner...if you DID NOT cut a check for 50k or hand 50k cash to the car dealer for the dodge charger youre driving you are not a car OWNER.....YOU are a BUM. PERIOD.
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You own the portion you've paid for. You may have paid too much for it due to interest lending, but you do own it.