Log In


Reset Password
Archive

Sell Now, And Buy An SUV

Print

Tweet

Text Size


Sell Now, And Buy An SUV

To the Editor:

Our thanks to Kim J. Danziger for alerting us to our newfound wealth, which results from the enormous new houses built in Newtown driving up the resale value of our modest-size home.   We checked with our accountant. Astounded by our change of fortunes, he advised selling our house and living in our car. And if we invest a portion of our gains in a very large SUV, we could even keep our piano.

Best wishes,

Justin Scott

40 Parmalee Hill Road, Newtown                                  May 7, 2003

P.S.  The accountant was less impressed with Mr Danziger’s advice to pay higher taxes with a home equity loan. It might buy ten years, after which the bank will demand converting the debt to a conventional mortgage. But people on a fixed income who already owe ten years of taxes plus interest probably won’t quality for a mortgage. So sell now, and buy an SUV.

Comments
Comments are open. Be civil.
0 comments

Leave a Reply