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Real Estate
Reply to "Whats wrong with a 50 year mortgage?"
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[quote=Anonymous][quote] Anonymous wrote: It's basically renting a place. Nobody owns anything since government can take it away from you if you don't pay the extortion fees (property taxes)[/quote] My landlord would not agree that he doesn't own anything. The property taxes (as you know) fund things like police and fire protection and schools. Without police, fire and schools, you house/owned building value would plummet. Maybe there is a better way to levy taxes, but you won't get out of death and taxes. [/quote]
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