tag:blogger.com,1999:blog-1997400020840446374.post9105427826348828782..comments2009-11-02T10:17:39.401-08:00Comments on Inside Hoboken Real Estate: Cost vs. PriceBrian Murrayhttp://www.blogger.com/profile/09878109193148629840noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1997400020840446374.post-1257049134251064122009-11-02T10:16:26.573-08:002009-11-02T10:16:26.573-08:00"IF PRICES FALL 10% and Interest rates rise o..."IF PRICES FALL 10% and Interest rates rise only 1%, the buyers cost to own will be higher than right now!"<br /><br /><br />I believe not true once you consider the tax break you get on the mortgage interest. You're paying 55 cents on every dollar for that. Plus your time value of money is greatly improved by paying with cheaper dollars down the road as opposed to higher down payments in more valuable dollars today.Mattnoreply@blogger.com