I will never buy a home again......I will upgrade my home on wheels but not land based....
Most people see buying a home as a part of the “American Dream”, well for most it’s become a nightmare.
Buying a home is pretty much the best way to throw your money away and here’s why.
Renters win because they have the flexibility that homeowners do not and after 30 years alone of paying interest to the bank, you’ve lost out on any potential monetary benefit.
You never truly own the home.
Even after paying off the mortgage, there’s still property taxes, HOA fees, home insurance and other mandatory costs which make buying a home a veritable money pit. You must consider every single penny that you spend in direct or indirect relation to the home.
Five years ago, real estate investors would only consider the purchase price and subsequent sales price to determine the profit made. Nowadays with reduced and nonexistent equity, investors are looking at every penny to
Read more: http://www.girlsjustwannahavefunds.com/renters-vs-buyers-6-reasons-why-renters-win#ixzz1iGNXFxl3
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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