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Perfect comment, you explained my feelings and points better than I could. Like I said, I am a homeowner. I love being a homeowner. But I just can't stand the
by nommm-nommm 10y ago
Perfect comment, you explained my feelings and points better than I could.
Like I said, I am a homeowner. I love being a homeowner. But I just can't stand the myths around homeownership that people tell me. I didn't buy a house in order to get rich, I bought a house for consumption, to live in. I hope I come out ahead when I sell my home. I'll be happy as pie if I break even.
My dad asked me why I was buying a house if I thought it was a poor investment. "To live in." He was honestly confused as to why someone would buy their primary residence other than "because it's an investment."
Nobody believes a car is a good investment but we all still buy them, to use them.
>When fixing up your house it's easy to not think about cost/benefit or blindly think your upgrades will pay for themselves.
This is a great point that should not be overlooked. I think HGTV is terrible in this regards. One of my coworkers told me you should always get every single upgrade you want because you will always get that money back when you sell. This is just so untrue I find it difficult to believe that anyone would actually believe that.