Why Rent Not Buy

This article gives 5 reasons why renting is better than buying a house:

http://realestate.yahoo.com/promo/5-reasons-renting-still-beats-buying.html

With the housing market the way it is now, equity is a very fluid concept. So while people think they're not throwing away money by buying a house, they really might be if they purchase a house for $200,000 and end up selling it at $25,000 or losing it altogether when the bank repossesses it. There are a lot of other expenses on a house (upkeep, taxes, etc.) that can use more money even when the value of the house continues decreases. I hadn't thought about the neighborhoods changing before, but it was a good point. A house that was once in a great neighborhood with great equity could over just a few years become a house everyone is afraid to live in because the neighborhood's become dangerous.

Interesting Story About Madoff Fraud

This link from Clusterstock is interesting:

http://clusterstock.alleyinsider.com/2008/12/i-knew-bernie-madoff-was-cheating--thats-why-i-invested-with-him

In the article, the writer says that the "smart money" knew that Madoff was cheating, but they didnt realize what kind of cheating he was doing.

Philtower Commercial Property for Lease Close to Downtown Tulsa's BOK Center

With the BOK Center opening and the Drillers baseball team soon to join downtown Tulsa, it's the perfect time to move your business to the Philtower. A variety of sizes of downtown tulsa commercial space is available for rent in Tulsa's Philtower Building. These downtown offices offer companies the perfect location to jump-start their business. Many commercial spaces are sub-dividable. Rent includes electricity, gas, water, trash collection, and wireless high-speed Internet. Tenant pays only phone and cable. http://www.philtower.com

A building rich in historic and architectural prestige, The Philtower offers a higher standard in business environments and has recently added residential living. Nowhere else in Tulsa do style, history, and convenience converge with such distinction. The Philtower offers its office tenants a wide range of deluxe amenities, unparalleled views of downtown and watchful attention to security concerns.