On Mon, 12 Jul 2004 22:51:07 -0700, Steve wrote:

Keith wrote:
...Comparing mortgage payments to rent is meaningless in the absence
of complete information on the mortgage, the house, and the
opportunity costs. After all, if you paid cash for the house, your
mortgage payments would be zero - therefore, it would be stupid to pay
more than that for rent, correct?

No! You forgot your own "oppotunity" costs. Money is *never* free.

Uhhh, that's the reason for the

Sorreee! ;-)

--
Keith