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Old June 2nd 07, 03:44 AM posted to rec.aviation.piloting
Tom Conner
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Posts: 62
Default GA Flying Down 20%


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...
Mxsmanic wrote:
Jay Honeck writes:


While it's not what it once was, a million bucks is enough to live on
quite comfortably for decades.


Decades? I think not. Not when a nice house alone costs more than a

million
dollars, and a mediocre house costs half a million.


Adults can get credit.

$1M house ~ $3K/month


Your math appears to be wrong. A $1,000,000 dollar loan, 30 years, at 7% is
$6700/month. Mybe if you put $500,000 down you can get a $3000/month
payment.
http://www.bankrate.com/gookeyword/m...0&submit.y= 8

Depending on where you live a million dollar home can be nice, or a
fixer-upper.