| BMaker11 said: I'll just repost what blazinghead89 said: Buying a house straight up or mortgage? In terms of what the OP is saying, instead of extrapolating onto everyone, I say that post ends the thread for everyone chewing out the OP |
Isn't that a poor comparison seeing how rare it is for someone to purchase a house outright? People do not get paid 10-20 years of their salary in advance, which is why the mortgage is more attractive than saving for 20 years is. In that case it's similar to the PS3's situation on a larger scale. Also you're comparing a fixed payment plan on a house to optional accessories on a gaming console. Not exactly apples and apples.
To poke fun though, a PS3 in a 10 year mortgage with a 30% interest rate back in November 2006 would have cost you about $3.30 monthly. Fuck, I think I'd have taken it.








