Talk of The Villages Florida - View Single Post - Do Bonds Equal Credit Card Debt?
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Old 11-05-2020, 07:47 PM
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Originally Posted by KEVIN & JOSIE View Post
I was reviewing new home bonds at 30K plus range and at interest rates between 3 and 5 percent. It feels like with your new home purchase you accept this bad debt. Can you explain another way of looking at it? Thanks
Call it what you want, it's the cost of the home. That is one of the reasons we bought in the northern part of the Villages, where our bond was already paid off.