Showing posts with label leased cars. Show all posts
Showing posts with label leased cars. Show all posts

September 04, 2007

HousingPANIC Stupid Question of the Day

Is the social stigma of "owning" a home (renting money from a bank in order to sleep in a rapidly depreciating asset) now worse than renting?


BONUS: Heard in a Scottsdale nightclub: "Ooh, I don't think you should go home with that guy. I hear he's got an interest-only, negative-am on one of those Optima condos. Yeah, the ones that have lost half their value. And I think his car is leased and he lost his job as a mortgage broker"

Somethin like that... Actual picture from dirtyscottsdale