On Sat, 31 Dec 2005 12:11:42 -0500, "John Gaquin"
wrote:


wrote in message

We all occasionally wish for a larger boat but would we really buy one

Lots of folk go at a boat the same way they go at a house. They get the
largest they think they can afford. The proper attitude (in my view) with
both houses and boats is to get the smallest that will meet your
requirements. This assumes, of course, in both cases, that you are able to
remove ego from the equation. :-)


I would argue that to be an incorrect statement when it comes to
making a house purchase. Houses generally appreciate in value, so
therefore buying a more expensive house can provide an overall greater
return than a less expensive one. Therefore there is some logic to
buying a bigger house just because. I think people make the mistake
of buying too much house though and then become house poor.