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Buying a home is a bad investment, that doesn't mean you shouldn't do it :) Just don't do it as an investment.
by jopsen 9y ago
Buying a home is a bad investment, that doesn't mean you shouldn't do it :)
Just don't do it as an investment.
- Flozzin 9y agoI think a lot of people miss this point. A home isn't an investment. It's a place to live. There are studies I have seen that show that your children do better in school if you have a house vs an apartment. There could be other variables there sure. But the main reason I hear to buy a home is to 'invest in your future'. Personally, I live in an apartment. I don't want the upkeep costs and time associated with a house. Even if I were to find a place to buy with a mortgage similar to my rent, I would then have upkeep costs on top of that. No thanks. I'll let someone else do all my maintenance, mowing, and snow removal, thank you very much.