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It's not like that in most places. I bought my house at the right time and it's only increased in value maybe 50% in nearly 20 years. I mean it ain't nothing; i
by Clubber 8y ago
It's not like that in most places. I bought my house at the right time and it's only increased in value maybe 50% in nearly 20 years. I mean it ain't nothing; it beat inflation, but tack on the interest and I'm probably negative. At least I have equity built into it, which I wouldn't if I had opted for an apartment for 20 years. Most houses only make you rich in the fact that you own something after all the years of paying for shelter.