Spencer Heath Archive

Item 799

Random taping by Spencer MacCallum from conversation with Heath

1956?

You can rent a house for $100 a month, or you can use money to buy a house that would have been earning you $100 a month interest and that you now must forego. So that you are paying rent, whether you pay it to someone else or to yourself. The only difference being that if you pay it to yourself, you have to look after all the upkeep yourself.