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Roy Roscoe April 23, 2014 at 10:49 am
Is there not consideration for the benefit of the leverage that is applied to that .74 % annualRead More return for 30 years, relative to other investment options for the initial principal and subsequent cash infussions? Like any other investment the evaluation can only be done case by case and requires the initial purchase price and the terminal selling price. A big factor in whether or not the investment was good or bad is how much pleasure and utility it provided relative to competing choices. If the location saves commuting costs in the future it's a real measurable plus to guaranteeing the savings but if your work location changes that can work both ways and also needs to be accounted for.