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The real wealth building doesn't come within a generation from asset appreciation. That's just speculation, the market can screw you. But once it's paid for, i
by quantified 4y ago
The real wealth building doesn't come within a generation from asset appreciation. That's just speculation, the market can screw you.
But once it's paid for, it's paid for. Now you just need maintenance and taxes, easier on a fixed income. And it's easier to build intergenerational wealth if one of your children doesn't need to blow money at all on rent or home purchase.