Last week, I described the concept of a couple owning their house in 6 years, without paying more than twice the cost of the property in a 30-year mortgage. This article provides further details. The house should be designed as both a starter and retirement house. This would be a 1,000 sq ft, 3-bedroom, 2-bathroom, open concept styled house, with
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A home mortgage is the price people pay for having a house before it is fully paid for. The price the unfortunate homeowners must pay is very high indeed – they must repay more than twice what they borrowed. Why would people choose to repay so much, in an uncertain economy, for 30-years? Why would people agree to risk losing
Read moreSubmitted by the People’s Democratic Congress (PDC) Although we in Barbados are not going to be any time soon seeing the completion of the Population and Housing Census 2010 Report, most of us can vouchsafe still that far more Barbadians and Caricom resident nationals – not regional and extra-regional visitors – are renting residential commercial properties – apartments, houses, rooms,
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