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RE: Self-Made Millionaire Tells Renters That Buying A Home Is Their Escalator To Wealth

in #homeownership7 years ago

Owning your own home is an investment and if you keep it your whole life it should be paid off or at least it should have a lot of equity. This would assist you in living costs later on in life, live in your home for free or sell it and use the money to rent some thing when you are older. I think buying is a good thing and will help with your overall wealth, however we all know what happens when people can’t afford what they buy! 2008 😣