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To buy, or not to buy: That is the Question. Whether it is better in the end to suffer The moods and whims of some outrageous landlord Or take loans. against your future earnings And end up owning something? In hock, for years; Pay rent? And by paying rent to say we end The heart ache and the thousand natural shocks Home ownership is heir to. Reduced Consumption? No Politician’s wish! To rent? To lease? To lease, perchance to own? Ay, that’s a thought For in the grip of debt you’re paying bills Till you have shuffled off this mortal coil It gives one pause. That’s the aspect That makes calamity of adjusting rates For who would bear the years and years of debt Fine dining now reduced to happy meals, Buyers remorse, and the long delays. The Questionable title and the risk Your credit rating doesn’t rate the loan. When you yourself know if you lose your job You’ll end up sleeping in your S.U.V. To grunt and sweat under a heavy load Under the threat of something worse than debt The forced short sale, from which, once closed No equity returns. It puzzles the will. And makes us rather bear such debts we have And, if necessary, refinance them still. Compounding thus make cowards of us all. And so our youthful promise and ambition Is hobbled by the weight of student loans made by lenders judged too big to fail. In this regard the risk is very real we lose the house to auction.
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Nov 22, 2011
Nov 22, 2011 at 4:57 PM UTC
soliloquy of a first time homebuyer
To buy, or not to buy: That is the Question. Whether it is better in the end to suffer The moods and whims of some outrageous landlord Or take loans. against your future earnings And end up owning something? In hock, for years; Pay rent? And by paying rent to say we end The heart ache and the thousand natural shocks Home ownership is heir to. Reduced Consumption? No Politician’s wish! To rent? To lease? To lease, perchance to own? Ay, that’s a thought For in the grip of debt you’re paying bills Till you have shuffled off this mortal coil It gives one pause. That’s the aspect That makes calamity of adjusting rates For who would bear the years and years of debt Fine dining now reduced to happy meals, Buyers remorse, and the long delays. The Questionable title and the risk Your credit rating doesn’t rate the loan. When you yourself know if you lose your job You’ll end up sleeping in your S.U.V. To grunt and sweat under a heavy load Under the threat of something worse than debt The forced short sale, from which, once closed No equity returns. It puzzles the will. And makes us rather bear such debts we have And, if necessary, refinance them still. Compounding thus make cowards of us all. And so our youthful promise and ambition Is hobbled by the weight of student loans made by lenders judged too big to fail. In this regard the risk is very real we lose the house to auction.
What if Hamlet had to decide between buying and renting?
john-f-mccullagh
Written by
63/M/American
Nov 22, 2011
Nov 22, 2011 at 4:57 PM UTC
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