haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This is, to me, one of the primary driving factors for us to buy a small, cheap house with cash. The ability to live on as little income as possible in an environment where taxes are likely to rise and more means-testing is likely in health care and Social Security. So the more we can configure our lives to be "livable" on lower income, the more survivable our future.
But please don't give Washington any ideas about taxing the "imputed income" of people with paid-off homes... the last thing I need is to pay tax on $500-600 a month representing the rental value of our home.
This idea comes up from time to time. I think we can expect the real estate/mortgage/S&L lobby to crush it every time.
Ha