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The key here is that "you shouldn't buy a house simply because you're hoping to pump money out of it in the long run". I think that some people working on their
by thehme 13y ago
The key here is that "you shouldn't buy a house simply because you're hoping to pump money out of it in the long run". I think that some people working on their first startup or simply on a project for a great software idea will agree that this is one of their core beliefs; that making money is not the ultimate goal, but instead a side effect of a great product. When you have a great idea, you put everything you have on it, and if it ultimately makes you money, it will obviously be welcomed, but the goal is to just get started and to have something to call your own, something to propel you. Maybe a house stays at the same value over time, but in the end, this may be enough for some home owners who simply want a place of their own.