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by jjav
1206 days ago
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> Homeownership cannot be both affordable and a good investment because a good investment has returns that at least beat inflation. This is precisely why a house is different. You can't live in a stock certificate but you live in a home. If you buy a stock at $10 and sell it for $10 ten years later you lost money. If you buy a house and sell it ten years later at exactly the same price it was still good value because you got to live in it for a decade. |
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