Quote:
Originally Posted by nailer
I'd bet a sawbuck that most of those who don't do it TJ's way spend, not invest, the additional down payment money he's invested in real property.
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My point was that, in most metropolitan areas, if one deliberately buys a home so inexpensive that they can't itemize deductions, they bought too little house (or not in a nice enough neighborhood) to maximize capital appreciation potential. This assumes, of course, a steady income in a decent metro area.