One thing where I have swam against the current on homes.
It is not the biggest investment you will ever make.
It's the biggest expense. (Keep cars out of this)
People lie about the price of their homes.
They like to say, I paid x, and it's worth XXXX now.
Bullshit.
Principal + interest, you paid 2 or three times sale price.
You only gained 1/3, not 4x.
And you paid maintenance, taxes, and insurance.
Probably improvements too.
And your house ain't word a dam nickel until you
sell it.
Then, you are homeless until you buy another.
At current prices.
Or rent, at current rates.
Yes, buying is normally the best move.
But don't be fooled into thinking it's gonna make you rich.
Unless, you buy junk, rehab while living in it, and sell.
Working your way up.
Even then, consider labor and expenses.
You will earn every cent you gain.
