Your Home Is Not A Net Worth Item
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When you know your stuff so good you make another “expert” try to keep up
Man people are breaking down the value of a home. And what you get for what you pay, and it’s been what 70 years they’ve been feeling. Us alive, buying a home is the best investment. You’ll ever make it is one of the worst investments and XA car is the worst investment car gets you to work. Car can make you money the only way you buy a house that makes you money. If you’re renting that sucker out, if you’re living in it, you’re taking a hit in the long run
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Then why do all Millionaire’s own a house??? Home ownership is the foundation to wealth!!
The flip side is you rent for 30 years (@$2,500 average =$900K) and own nothing!!
400% increase in 30 years is not impossible. My house doubled in price in 4 years so never say never
Very eye opening, Grant. The numbers I mean.